Woolworths profit
The unaudited group net profit of Woolworths, Ltd, the Sydney-based retail chain, rose 15 per cent to sAusts6.9M in the year to January 25, on turnover 8 per cent higher at $3243.7M. Extraordinary profits totalled SI.6M ($140,000 previously). The profit was after providing $471,000 more for tax at $45.6M and $2.5M more for depreciation at $22.6M. A recommended final dividend of 10.5 c a share increases the annual rate from 14c to 15c a share (30 per cent) payable on May 11.
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Press, 29 February 1984, Page 30
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84Woolworths profit Press, 29 February 1984, Page 30
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