A. Barnett down
PA Wellington The Dunedin-based department stores owner, Arthur Barnett, Ltd, has announced a 3.5 per cent fall in tax-paid trading profit of $1,070,700 ($1,109,700) for the year ended August 1. Sales of $28,886,700 ($6,154,200) produced a trading profit of $1,973,500 ($2,057,300) from which tax pavable is $902,800 (947,600.
There were no extraordinary items.
The final dividend is 5.5 c a share which, with the interim dividend paid in April of 5.5 c, makes a total of 11c a 50c share. Dividends of $474,100 ($394,900) for the year are covered 2.3 times by tax-paid profit. The directors have allocated for staff profit participation 7.5 per cent of the tax-paid profit, amounting to $80,300 ($83,200).
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19850920.2.117.11
Bibliographic details
Press, 20 September 1985, Page 19
Word Count
116A. Barnett down Press, 20 September 1985, Page 19
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Copyright in all Footrot Flats cartoons is owned by Diogenes Designs Ltd. The National Library has been granted permission to digitise these cartoons and make them available online as part of this digitised version of the Press. You can search, browse, and print Footrot Flats cartoons for research and personal study only. Permission must be obtained from Diogenes Designs Ltd for any other use.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in