Morrison PIM
The directors of Morrison PIM (Holdings), Ltd, printing ink manufacturer and graphic arts supplier, report an unaudited tax paid profit of $401,000 (taxation $328,000)’ for the half year to September 30, 1982.
This result is 46 per cent” above last year’s $274,000 (taxation $224,000). , / ■ Sales for the period were 21 per cent higher at SBM„ excluding direct indent sales.
The company is in a good . position to face the more difficult trading conditions Sredicted for the balance of le year.
The interim dividend is, limited by the freeze regula--tions to 2.5 per cent, and wi11... be payable on December 14. ■
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Bibliographic details
Press, 26 November 1982, Page 10
Word Count
102Morrison PIM Press, 26 November 1982, Page 10
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