Woolworths profit up
(N.Z.P.A.-Keuter—Copyright) SYDNEY, Mar. 5. The group net trading profit of Woolworths, Ltd, Australia rose $409,272 or 4.3 per cent to $9,925,000 in the 52 weeks to January 30, compared with the adjusted profit for the previous 53 weeks, the directors say in a preliminary report. Extraordinary items of profit amounted to $2,922,000 compared with a loss of $35,544 in the previous financial year. The total dividend distribution for the year is unchanged at 12 per cent with a final 7 per cent dividend to be paid on May 14. Sales increased 13.1 per cent to s7o2m. The profit was after providing $280,435 more at $7.7m for depreciation and $777,726 more at s9.lm for tax. ‘
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19740309.2.90
Bibliographic details
Press, Volume CXIV, Issue 33479, 9 March 1974, Page 13
Word Count
117Woolworths profit up Press, Volume CXIV, Issue 33479, 9 March 1974, Page 13
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in