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Motor Holds keep profit record intact

Motor Holdings, Ltd, set a new profit record to keep its record intact for the third successive year, when group net profit rose 11 per cent to .$1,052,416 in the year to March 31. the directors say in a preliminary report. The profit was after pro viding $227,007 more for tax at $831,007. Under the Companies (Limitation of Distributions) Regulations 1976. the final dividend is limited to 3.25 c a share (6.5 per cent), making a steady 6.75 c a share (13.5 per cent) for the year. Half of the final dividend will he tax-free in the hands of shareholders. The dividend is payable on August 17. ex dividend July 30.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19760618.2.112.5

Bibliographic details

Press, 18 June 1976, Page 16

Word Count
117

Motor Holds keep profit record intact Press, 18 June 1976, Page 16

Motor Holds keep profit record intact Press, 18 June 1976, Page 16

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