A.C.I. profit up martially
<N.Z. Press :«sn—Copyright) SfDNEY, May 20. Australia) Consolidated Industries, Uii has reported a group net wofit of slo.lm, an increase iof $211,000 or 2.1 per cent! for the year to March 31. I The pretninary figures showed th a/while tile group net profit/was marginally higher sufidiaries in New Zealand ai other countries had madelower profits. The plpt on Australian operation/ increased by $1,485,00/ but profits in New Zealand,/ Malaysia, Singapore, dd Thailand were lower /nd A.C.l.'s New Guinea / operations lost $627,00 New/Zeaiand sales were higherriuring the year, the directrs reported. But profits vf e lower because rising costshad not been fully recovefd in increased selling pried- . . vhh earnings on capital retaining just less than 17 percent, ACL has again de/ared a final dividend of 6/er cent, making a steady wal of 10 per cent for the r •
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Press, Volume CXI, Issue 32612, 21 May 1971, Page 17
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141A.C.I. profit up martially Press, Volume CXI, Issue 32612, 21 May 1971, Page 17
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