Brewer boosts Bond
NZPA-AAP Perth The sAustl.2B takeover of Castlemaine Tooheys, Ltd, last year has fortified Bond Corporation by playing a major part in a 348 per cent first-half profit jump by the Alan Bondcontrolled group. The net profit rise to sAust4l.74M from a previous first-half profit of sAust9.3lM prompted a 5c
a share interim dividend, the first interim payment declared by Bond Corporation’s directors.
Profit before tax, interest and depreciation was sAustl37.BM, compared with sAust39.23M previously. Castlemaine’s contribution to the December half’s net profit was not disclosed but total bever-
age operations, including Castlemaine and Swan Brewery, contributed sAust79.sM, compared with the previous sAustl9.2M before tax and interest expenses. As an independent company, Castlemaine earned a net operating profit of sAust42.7M for the first six months to January 31 last year.
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Press, 20 February 1986, Page 26
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132Brewer boosts Bond Press, 20 February 1986, Page 26
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