Firestone ahead
The audited tax-paid profit of the Firestone group was $4,347,196 (last year $3,037,506), after deducting an after-tax exchange loss of $51,833 (last year a loss of $116,368). The tax provision was $2,593,086 ($1,836,000) and depreciation $1,503,407 ($1,324,560). Group turnover was $74,607,072' ($61,254,957), a rise of 21.8 per cent. The profit increase was 43.1 per cent. the directors will recommend to shareholders at the annual general meeting to be held on February 17, a final
dividend of 7c a share, payable on February 18, making a total of 15c for, the year, the same as last year. The share register will close at 5 p.m. on February 2 and reopen at 9 a.m. on February 18.
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Bibliographic details
Press, 20 November 1982, Page 18
Word Count
117Firestone ahead Press, 20 November 1982, Page 18
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