Mtr Holds improves
The unaudited pre-tax profit of Motor Holdings, Ltd, was $2,921,000 in the nine months to December 31, compared with $1,214,842 in the 12 months to March 31, 1979, shareholders were told at an extrordinary meeting, called to approve the one-for-five bonus issue.
The acting chairman (Mr M. R. Buckett) said that January also showed an improved result, and the company was looking forward to the results of the unusually strong trading months of February and March.
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Press, 20 February 1980, Page 25
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79Mtr Holds improves Press, 20 February 1980, Page 25
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