Dalhoff King recovering
Dalhoff and King Holdings, Ltd, reports that group sales for the six months to September 30, increased 47 per cent to 520.4 M, and unaudited net earnings increased five-fold to $381,000. This represents a return of 13.3 per cent (2.7 per :cent) on shareholders’ funds. The programme of modernisation, and re-organisa-ition, has now progressed, to (the point that sales and profitability levels are increasing, the” directors say.
!- However, they are not satp isfied with the latest result j and say that the company 7 can improve its perform- i d ance. The continuing demand for: . the company’s products n indicates that sales levels! riwili be sustained during the ■ :second half of the financial, -i year, the directors say. -1 An unchanged interim o| dividend of 6 per cent (3c a i-ls har e ) amounting to - $176,323 is payable on January 23.
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Press, 23 November 1979, Page 20
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144Dalhoff King recovering Press, 23 November 1979, Page 20
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