J. Rattray profit up
The unaudited group net profit of J. Rattray and Son, Ltd, Dunedin-based wholesale merchant, rose 20.7 per cent to $468,070 in the year to July 31, the directors say in a preliminary report Sales rose 12.0 per cent to $34.5m.
The latest net profit represents earnings of 1.35 c on each dollar of sales, compared with 1.27 c last year. A final dividend of 7c a share is recommended, making an unchanged annual rate of 12c a share. The dividend is payable on November 16, ex dividend November 11.
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Press, Volume CXV, Issue 33963, 2 October 1975, Page 18
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93J. Rattray profit up Press, Volume CXV, Issue 33963, 2 October 1975, Page 18
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