Scott Group doing well
The unaudited group net trading profit of Scott Group, Ltd, rose 58.7 per cent to $301,000 in the six months to December 31, after providing $67,905 more for tax at $223,100. Pre-tax profit increased 52 per cent to $524,100. A steady interim dividend of 2c a share (4 per cent) is payable on April 18. Of the dividend 1.4 c a share will be tax-free, and it is covered 3.2 times by the trading profit.
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Press, 25 February 1980, Page 20
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79Scott Group doing well Press, 25 February 1980, Page 20
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