Beath’s profit 13.8% higher
The group net profit of Beath and Company, Ltd, rose 13.8 per cent to $104,800 in the year to July 19, the directors said yesterday in a preliminary announcement.
This satisfactory increase In profit came from increased turnover, they said. A final dividend of 4.5 per cent is recommended, making an unchanged 9 per cent for the year. As announced, the bonus shares receive the full final dividend, while the shares from the rights issue qualify for half the final rate. The final dividend on the preference shares will be at the increased rate—--3 per cent The date of payment and closing of books will be advised later.
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Press, Volume CXI, Issue 32700, 1 September 1971, Page 20
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112Beath’s profit 13.8% higher Press, Volume CXI, Issue 32700, 1 September 1971, Page 20
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