British Office margin cut
British Office Supplies I )(N.Z.), Ltd, reports that the ) estimated and unaudited I group net profit for the six) I months to September 30 was I ! down 12.7 per cent at■ i $67,350, compared with the) (same period last year. This! )is arrived at after I ian estimated tax provi-, Ision of $9261 less at $57, 3?-|. i Sales by the group in-| !creased 15 per cent, but the', ‘increase was insufficient toh Icope with the increase in)) ioverheads, and this coupled! I with reduce margins pro- j ;duced this disappointing re-j | suit, the directors say. I The fall in margin was!] .particularly evident in the!) ) printing division. Measures h 'have been taken to correct!] Jthis trend. i. An unchanged interim 1 :dividend of 3c a share (six), | per cent) will be paid on,t December 17.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19791128.2.133.18
Bibliographic details
Press, 28 November 1979, Page 25
Word Count
140British Office margin cut Press, 28 November 1979, Page 25
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Copyright in all Footrot Flats cartoons is owned by Diogenes Designs Ltd. The National Library has been granted permission to digitise these cartoons and make them available online as part of this digitised version of the Press. You can search, browse, and print Footrot Flats cartoons for research and personal study only. Permission must be obtained from Diogenes Designs Ltd for any other use.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in