HIKURANGI COAL COMPANY.
The directors of the Hlkurangl Coal Company report for 1925 that results show a considerable improvement on those of the previous year. The profit on the company's operations (exclusivo of depreciation) was £4055, due to Increase in sales to 8264 tons, and rdeuction ill cost (33 9%d pel- ton), h'l'e company's capital includes 45,000 ordinary, 45,000 preference, and 50,000. A preference shares, all of 10s each. Liabilities include £20,452 due to the Bank of New Zealand, and £9832 to other creditors. Principal asets aye: .Mine property and land £3358, plant and buildings £49,320, shafts ' and work £35,000, sundry debtors £5527.
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Bibliographic details
Evening Post, Volume CXI, Issue 26, 1 February 1926, Page 7
Word Count
103HIKURANGI COAL COMPANY. Evening Post, Volume CXI, Issue 26, 1 February 1926, Page 7
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