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J. Burns ahead

John Bums and Company, Ltd, increased its unaudited group net profit 18 per cent to $754,000 in the six months to December 31, compared with the previous corresponding period, the directors reported yesterday. Included in the result were equity profits of $9OOO ($37,000 previously), and sales in-

creased 55.2 per cent to SIBM. No tax was payable. The result is considered satisfactory and reflects the gradually improving market, the directors say. A steady tax-free interim dividend of 3.5 c a share (7 per cent) is payable of April 27, ex dividend on April 19.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19840229.2.124.26

Bibliographic details

Press, 29 February 1984, Page 32

Word Count
97

J. Burns ahead Press, 29 February 1984, Page 32

J. Burns ahead Press, 29 February 1984, Page 32