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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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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19700613.2.139.5

Bibliographic details

Press, Volume CX, Issue 32322, 13 June 1970, Page 14

Word Count
83

Lanes Profit Doubled Press, Volume CX, Issue 32322, 13 June 1970, Page 14

Lanes Profit Doubled Press, Volume CX, Issue 32322, 13 June 1970, Page 14