Selby
PA Wellington The Selby Shoe Company,. Ltd, of Auckland, increased its group net profit 23.6 per cent to $523,000 in the year to January 31 on sales up 19.7 per cent. Included in the profit were exchange gains of $BO,OOO ($12,000 previously), and extraordinary losses of $25,000 ($34,000). The profit was after providing $16,000. more foi tax at $178,000. A recommended final dividend of 5.5 c a share, 4.5 c a share of which is tax-free, will give a steady annual rate of 11c a share (22 per cent). The dividend is payable on May 31, ex dividend on May 27.
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Press, 23 March 1985, Page 27
Word Count
102Selby Press, 23 March 1985, Page 27
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