Record year on markets
(N.Z. Press Association) WELLINGTON. Both the A.M.P. Society's New Zealand short-term money market companies, A.M.P. Discount Corporation (N.Z.) Ltd, and A.M.P. Acceptance (N.Z.) Ltd, achieved record profits for the year to June 30, said A.M.P.’s New Zealand manager (Mr K. W. J. Deal) yesterday. The tax-paid profit of the A.M.P. Discount Corporation was more than 14 times greater at $160,260 and that of A.M.P. Acceptances 97.6 per cent higher at $105,145. From the combined profits of $275,405, dividends amounting to $169,000 have been paid to the A.M.P. Society, and will add to the funds from which the bonus distribution to policyholders is made.
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https://paperspast.natlib.govt.nz/newspapers/CHP19741118.2.193
Bibliographic details
Press, Volume CXIV, Issue 33694, 18 November 1974, Page 21
Word Count
107Record year on markets Press, Volume CXIV, Issue 33694, 18 November 1974, Page 21
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