Tanner trebles profit
■ • I W. Sutherland and Comllpany, Ltd. trebled profit in ithe year ended March 31, to . $271,955. A tax in- ■ centive credit boosted the ■ net result to $286,841.' The provision for depreciation, at ■ $182,810. rose $22,910. i The directors recommend : the payment of a final diviIdend of 5 per cent making a
[total of 10 per cent for the': (year. The dividend dis>itribution for the year will! ■! amount to $72,625. which iiwill be free of taxation, :I which is covered 3.9 times) ■bV earnings. I Last year the company L came back on the dividends I list with a final dividend of i!.5 per cent.
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Press, 14 June 1980, Page 18
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107Tanner trebles profit Press, 14 June 1980, Page 18
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