Recovery by Mtr Holds
Motor Holdings, Ltd, reports that, for the year to March 31, audited net profit, on an equity accounting basis, and taking into account taxation due to previous year’s loss, was $1,211,100, compared with loss of $640,157 in the previous year.
Turnover increased 30 per cent to $33.4M. The final dividend, to be recommended, is 8 per cent (4c a share), making the total for the year 15 per cent and restoring the dividend to the 1977 rate. Last year the company paid 11 per cent.
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Press, 15 June 1979, Page 6
Word Count
89Recovery by Mtr Holds Press, 15 June 1979, Page 6
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