Brother ahead for six months
Brother Distributors. Ltd. increased sales-revenue 7 per' cent in the half-year to September 30. This was insufficient to keep pace with initiation. but despite the fact (that overheads were higher, the net profit for the six months was slightly ahead of that for the previous corresponding period, last year, the half-yearly report says: "Once again knitting machines have captured a large (share of the market. ' ‘‘The Bevknit stretch stitch, .patterns have shown a substantial increase in turnover this year and are proving 'most popular.. "Brother portable typewriters are selling over a 'range of five machines and iare well established in office, 'appliance and department (stores.” the chairman (Mr 1. J. Wilson) says. A steady interim dividend of 4c a share (8 per cent) has been paid to March 31. The directors, were confident that the results for the year to March 31 will fully warrant payment of the same dividend rate as last year, when 10c a share was paid. —
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Press, 17 December 1976, Page 19
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165Brother ahead for six months Press, 17 December 1976, Page 19
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