Christchurch teams gaining ground

Press, Volume CXIII, Issue 33235, 26 May 1973, Page 11

Christchurch teams gaining ground

Christchurch teams in the National I Management Game gained ground faster than I those in any other area in the latest set of 1 decisions, the game’s administrator (Mr E. V. Sale) told the “The Press.”

; Four out of five teams in the South Island are now showing profits — some of them substantial ones.

I The last round of decisions; produced in the South Island; [l6 pre-tax profits of more! 'than $1 million, and six of 1 [more than $2 million. i The lead in more than half [the closely fought games has either changed with the last [decision or looks as if it may (change in the next — which will decide the first round [winners in the 1973 game. [ ! Wellington is the city show-[ ling the highest proportion of [big profits in New Zealand. | The area in the biggest i money is the Auckland provlince. Auckland city, however, (with its two zones, provided nearly half the million-plus profits from the last decision. This produced, for the whole of New Zealand, 145 profits (before tax) of $1 million, 48 of $2 million and a growing number of $3 million or more.

The winners at the end of | the round will go on to al second round of eight deci- [

sions, the winners of which! will participate in zone finals,'

lone of them in Christchurch.' [The New Zealand final will' be held in September. “The Press” is supporting! ,and participating in the game [which is conducted jointly by the New Zealand Society [of Accountants, International Computers (New Zealand) Ltd [and the “New Zealand Herald” Business News.