Lanes Profit Doubled
W.Z. Press Association> WELLINGTON, June 12. Lane Industries, Ltd, hosiery manufacturers of Levin, report a profit after taxation. approximating to $74,000 in the year ending March 31. The figure is subject to audit. The net profit in the previous year was $35,942. Directors recommend a 10 per cent dividend, compared with 6 per cent last year requiring $36,000 payable on July 31. It is planned to send out I the annual report and acI counts within the next three weeks.
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Bibliographic details
Press, Volume CX, Issue 32322, 13 June 1970, Page 14
Word Count
83Lanes Profit Doubled Press, Volume CX, Issue 32322, 13 June 1970, Page 14
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