Dalhoff Kins sales higher
Sales of Dalhoff and King Holdings, Ltd, for the first six months of this financial year were higher than for the same period last year, the managing director (Mr K. G. King) says in the halfyearly report. The tight liquidity situation is causing concern, he says. “The half-yearly trading result as at September 30 disclosed audited tax-paid earnings of $302,051 representing an annual earning rate of 19.8 per cent on shareholders funds, which under the present circumstances can be considered a satisfactory result. “The continued shortage ,of finance may affect the ; trading result for the latter half of the financial year,” Mr King says.
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Press, Volume CXV, Issue 33773, 20 February 1975, Page 11
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108Dalhoff Kins sales higher Press, Volume CXV, Issue 33773, 20 February 1975, Page 11
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