PERPETUAL FORESTS
Dividend of 8 Per Cent.
Dominion Special Service Auckland, May 9.
The accounts of New Zealand Perpetual Forests. Limited, for the year ended March 31. disclose a net profit of £24,308, compared with £28.459 earned iu the previous year. Tbe profit includes interest on mvestments. and is struck after making provision for depreciation. future planting and maintenance costs,
The directors recoronieud a dividend. nil ch tinged, at 8 per cent. The dividend will absorb £15.803, and provision for taxation requires £9OOO, leaving £13,740 to be carried forward, as against £14.235 brought into accounts.
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https://paperspast.natlib.govt.nz/newspapers/DOM19340510.2.24
Bibliographic details
Dominion, Volume 27, Issue 190, 10 May 1934, Page 4
Word Count
95PERPETUAL FORESTS Dominion, Volume 27, Issue 190, 10 May 1934, Page 4
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