F-Waimak in profit
Farrier-Waimak, Ltd, turned last year’s $75,268 loss into an equal-sized profit of $75,878 in the latest year ended June 30. The net trading profit was reached after tax of $22,030 (nil last year). A captial profit of $18,452 ($7309)
brought the total after-tax profit to $94,330 (loss $67,959) on turnover of $3,616,727 ($3,064,307). A restored dividend is recommended at 6.25 c a share, made up of 3.5 c from capital reserves and 2.75 c from revenue reserves.
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Bibliographic details
Press, 2 September 1981, Page 22
Word Count
80F-Waimak in profit Press, 2 September 1981, Page 22
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