Gollin loss $15m
(N.Z. Press Assn—Copyright) SYDNEY. Gollin Holdings, Ltd, had an unaudited group net loss of sAustls.2m in the year to August 31, after tax benefits, extraordinary items and outside shareholders’ interests. The finalisation of the audit report is expected on December 1, when the preliminary final announcement will be made. The loss was mainly caused by steel trading particularly in the United States. Trading losses stood at sll.Bm, of which slom was of an abnormal nature. Extraordinary losses of $6.2m were also incurred. Tax benefits of $2.6m apply to the losses.
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Bibliographic details
Press, Volume CXV, Issue 34012, 28 November 1975, Page 16
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93Gollin loss $15m Press, Volume CXV, Issue 34012, 28 November 1975, Page 16
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