Col. Mot. down
PA Wellington The Wellington-based Colonial Motor Company, Ltd, halved its trading profit to . $3,344,000 ($6,898,000 last year) in the year ended May 31. Turnover was $333,800,000 ($318,500,000) and pre-tax profit $6,157,000 ($12,691,000). Tax took $2,813,000 ($5,793,000). Extraordinary gains added $556,000 ($349,000) for a bottom line result of $3,900,000 ($7,247,000). The company said that a dividend would he announced later.
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Press, 30 September 1986, Page 22
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62Col. Mot. down Press, 30 September 1986, Page 22
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