Carter Holt profit $2.4m
The audited group net profit of Carter Holt Holdings, Ltd, for the year to March 31 was $2,390,524, an increase of 71.1 per cent on the previous years figure of $1,397,043. The result represents an earning rate of ll.t per cent on shareholders’ funds. Included in the result is the profit of Carter Oji Kokusaku Pan Pacific, Ltd, for the full year, and that of Sharland and Company, Limited, for seven months, together with those of other smaller acquisitions.
The directors are recommending a final dividend of 6 per cent making 12 per cent (12c a share) for the year. This rate compares with 11 per cent for last year. The annual meeting will be held on August 8.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19740704.2.70
Bibliographic details
Press, Volume CXIV, Issue 33577, 4 July 1974, Page 10
Word Count
123Carter Holt profit $2.4m Press, Volume CXIV, Issue 33577, 4 July 1974, Page 10
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.