Broadlands earning rate steady
The unaudited group net profit of Broadlands Dominion Group, Ltd, financier and land developer, for the six months to September 30, increased by $163,311 or 54.6 per cent to $462,552 compared with the previous corresponding period, the directors report shows. However, the profit was $20,586 less than that for the six months to March 31. Shareholders’ funds at September 30 were s6.Bm compared with s4.Bm a year ago.
The earning rate on average funds for the six months was 17.6 per cent compared with 17.5 per cent for the year to March 31. An unchanged interim dividend of 3c a share (6 per cent) will be paid on December 1, ex dividend November 21.
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Press, Volume CXII, Issue 33064, 3 November 1972, Page 7
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118Broadlands earning rate steady Press, Volume CXII, Issue 33064, 3 November 1972, Page 7
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