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FINANCE COMPANY'S PROFITS.

(By Telegraph—Press Association.) AUCKLAND, This Day. Net profit of £5454 is shown in the annual report and balance-sheet of the Traders' Finance Corporation, Ltd., Auckland, for the year ended 30th September, 1930. With the balance brought forward of £1122, a total of £6576 is available for distribution. The directors have paid the preference dividend totalling £2385 and their honoraria of £250. After making provision for income tax at £1050, a balance of £2891. is left, from which the directors recommend payment of a dividend on ordinary shares of i per cent., which will absorb £2297, and leave £594 to be carried forward.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19301204.2.115.21

Bibliographic details

Evening Post, Volume CX, Issue 134, 4 December 1930, Page 12

Word Count
105

FINANCE COMPANY'S PROFITS. Evening Post, Volume CX, Issue 134, 4 December 1930, Page 12

FINANCE COMPANY'S PROFITS. Evening Post, Volume CX, Issue 134, 4 December 1930, Page 12