MARTHA GOLD MINING CO.
Decrease Shown In Net Profit Dominion Special Service. AUCKLAND, April 18. A net profit of £62,250 was earned by the Martha Gold Mining Company tWaihi), Limited, last year, according to details of the accounts received by cablegram from London by the New Zealand director and attorney, Mr. .T: TL G. Banks-. This result compares with £69,342 a year agd and £100,427 in 1937. • The year's dividend absorbs £61.98.1, leaving £5756 to be carried forward, against £5495 brought in. Taxation, which includes income tax in London and New Zealand, shows an increase of £12,395.,
An interim dividend of 6d. a share, free of tax, was distributed in November. The year’s payment is 1/3 n share, equal to 25 per cent., as against 1/6, or 30 per cent, in the previous year.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/DOM19400419.2.142.2
Bibliographic details
Dominion, Volume 33, Issue 175, 19 April 1940, Page 12
Word Count
134MARTHA GOLD MINING CO. Dominion, Volume 33, Issue 175, 19 April 1940, Page 12
Using This Item
Stuff Ltd is the copyright owner for the Dominion. 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.
Log in