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Atlas in profit

Atlas Majestic Industries, Ltd, is back in profit, shareholders were told at the annual meeting. ■On Saturday “The Press” printed a press association report from Auckland under the heading ‘Atlas close to brink'. This should have read ‘Atlas was close to brink’. Be--cause of a computer hiccup this heading received more prominence than intended, and by a further extraordinary coincidence the last paragraph —. which explained it all — was omitted. This paragraph read: “Mr A. T. Gibbs said that he had never seen a company come so close to the brink and pull through as had done AMI. “In my opinion, we were in a worse position than Alosgiel,” he said.

The errors causing the confusion in our previous article are regretted.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19811020.2.106.2

Bibliographic details

Press, 20 October 1981, Page 24

Word Count
124

Atlas in profit Press, 20 October 1981, Page 24

Atlas in profit Press, 20 October 1981, Page 24

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