Pye’s Recovery Continues
Pye Electronics. Ltd. has raised its dividend from 6 to 7.5 per cent after a 56.2 per cent of unaudited group net profit—to $291.834—in the year to December 31, the directors announced in a preliminary report.
The earning rate on capital improved from 6.6 to 10.3 per cent.
This continues the trend of recovery of the last two years, after the sharp profit falls in 1967 and 1966 from the peak of $1,013,864 in 1965.
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Press, Volume CIX, Issue 32221, 13 February 1970, Page 16
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78Pye’s Recovery Continues Press, Volume CIX, Issue 32221, 13 February 1970, Page 16
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