F and P Finance ahead
PA Wellington Fisher and Paykel Finance, Ltd, a whollyowned subsidiary of Fisher and Paykel Industries, Ltd, made an audited net tax paid profit of $1,213,000 in the six months to September 30, a 44 per cent jump on the previous corresponding half. On an annual basis the result represents an earning rate of 25.6 per cent (previously 21.7 per cent) on average shareholders’ funds. During the six month period shareholders’ funds increased from $8,876,000 to $10,090,000. Provision for taxation was $590,000 ($274,000 at September 30, 1983).
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Press, 3 November 1984, Page 26
Word Count
91F and P Finance ahead Press, 3 November 1984, Page 26
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