Burnett’s Profit Almost Doubles
A tax-paid profit of *248,818 has been announced by the directors of Burnett Holdings, Ltd, in Ashburton. This compares with $128,707 last year, The profit this year includes $169,552 received from the sale of the company’s interest in the Manapourl joint venture. The directors will recommend at the annual meeting of shareholders to be held on October 8, a dividend of 9 per cent (last year 8 per cent), plus a bonus dividend of 3 per cent—to mark the tenth year of trading as a public company.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19700827.2.177.2
Bibliographic details
Press, Volume CX, Issue 32386, 27 August 1970, Page 18
Word Count
91Burnett’s Profit Almost Doubles Press, Volume CX, Issue 32386, 27 August 1970, Page 18
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in