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Lower trend for Hume

The unaudited trading profit of Hume Industries (N.Z.), Ltd, in the six months (o December 31, was slightly below that achieved in the previous corresponding period, and the directors 11 expect this trend to continue jin the final six months to s!June 30. H Pre-tax trading profit fell! t 7.6 per cent to 5795.000, and) > the group net profit, before, - extraordinary items, was down 4.4 per cent to l ■ $452,000. , The company has provided ’ for an unrealised exchange ' loss of $22,000, compared with $14,000 previously. ' There was also a realised ■ exchange loss of $2OOO in the previous corresponding i period, ..... The tax provision fell $21,000..t0 $425,000. An interim dividend of 5c a share (5 per. cent) is payable on . March 31, ex dividend on: March 14.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19800226.2.96.5

Bibliographic details

Press, 26 February 1980, Page 18

Word Count
130

Lower trend for Hume Press, 26 February 1980, Page 18

Lower trend for Hume Press, 26 February 1980, Page 18