Firestone set back
Firestone N.Z. Ltd’s audited tax paid profit to October 31 was $3,037,506 (last year $3,809,900), a fall of 20.3 per cent. Included in the profit was an after-tax exchange loss of $116,368 (compared to last year's gain of $3248). The total tax provision was
$1,636,000 ($2,631,040) and depreciation written off was $1,324,560 ($1,332,515). Group turnover rose from $53,255,766 to $61,254,957. Dividend is a steady 15c per share, payable February 19 to shareholders registered February 9. The annual meeting is February 18.
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Bibliographic details
Press, 25 November 1981, Page 28
Word Count
84Firestone set back Press, 25 November 1981, Page 28
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