Radio Pac. down
PA Wellington The group net profit of Radio Pacific, Ltd, fell 8.8 per cent to $590,000 in the year to March 31. A preliminary statement released yesterday by the Auckland radio station operator showed that the turnover rose 15 per cent to $4,316,000, compared with the previous corresponding period. However, the pre-tax profit fell 3.1 per cent to $1,142,000. Tax took $21,000 more at $552,000. A steady 20.5 c a share (41 per cent) dividend has been
recommended, payable on August 12, ex dividend on July 29.
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Press, 14 July 1987, Page 24
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90Radio Pac. down Press, 14 July 1987, Page 24
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