Radio Otago down
Radio Otago. Ltd. has announced a 24.5 per cent fall in its unaudited group net profit to $31,243 in the year to November 30. The result is after providing $6396 less for tax at $25,087. The profit was earned on sales revenue 17 per cent
higher at $1,373,990. The. directors will recommend a final dividend of 1.875 c a share (7.5 per cent) payable on April 27, (ex dividend April 19) giving an annual rate of 3.75 c a share (15 per cent). The dividend payment requires $22,500 and is covered 1.4 times by the profits.
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Press, 20 March 1982, Page 19
Word Count
99Radio Otago down Press, 20 March 1982, Page 19
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