N.Z. Ins. Profit 5.5 p.c. Higher
(N.Z. Press Association) AUCKLAND, September 1. The group net profit of New Zealand Insurance Company, Ltd, Auckland, rose by $182,973—0r 5.5 per cent—to $3,494,539 In the year to May 31. As announced, the dividend has been Increased from 15 to 16 per cent, covered by an earning rate on capital of 26.2 per cent, last year the earning rate was 25.2 per cent.
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Press, Volume CX, Issue 32391, 2 September 1970, Page 22
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69N.Z. Ins. Profit 5.5 p.c. Higher Press, Volume CX, Issue 32391, 2 September 1970, Page 22
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