M.K.M.
;Capital profits of $lBl,OOO J jboosted the net profit of ■« ; Manawatu Knitting Mills, -!;Ltd, to $412,400 in the year 1-to October 19, the directors £lsay in a preliminary an- ■ ‘ ‘poun cement. M* But the net trading profit ‘ -X>f $231,400 is down 1.3 per ' ? cent compared with last •iS'ear’s net trading profit of -$234,500. Capital profits last : year totalled $21,000. ‘ !< Tht result is after providing $12,800 more for taxation at $179,500 and ,'517,500 more for depreciation at $56,500. if The directors recommend Sit steady final dividend of »5.5 c per share (11 per cent), an unchanged dividend* for the year, of 9c per Share (18 per cent). ‘ The dividend is payable on February 18.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19801127.2.133.23
Bibliographic details
Press, 27 November 1980, Page 25
Word Count
114M.K.M. Press, 27 November 1980, 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.