PROFITS HALVED
BROKEN HILL PROPRIETARY Profits of Broken Hill Proprietary Company, Ltd., for the year ended 31st May amounted to £83,257, against £101,83!) for the previous year, und £332,070 for W2S--29. As for 1029-30, so for 1030-31, no dividend is declared. The amount at credit of appropriation fund is .Cjfi9,Bl9. Debentures have been paid oIV in the amount of £127.700, and creditors are lower by_£192,630. Plant values appear at £36,30/ Jess than a year a^o An addition of £13,339 is- seen in shares in other companies. Of other liquid items debtors show a contraction of £227,197, and stocks of £72,067. The direr-tors point out that the excess of liquid assets (e.Ncludiiig the interest in other companies) over liabilities amounts to £4C6,5G0, against £-187 957 h year earlier. Production of pig jj- 01 , an ,i steel ingots fell from 330,803 and 371,059 tons respectively in 1020 to 185,680 and 210,146 tons for 1931. The ln i ne at Broken Hill remains closed.
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Bibliographic details
Evening Post, Volume CXII, Issue 48, 25 August 1931, Page 12
Word Count
161PROFITS HALVED Evening Post, Volume CXII, Issue 48, 25 August 1931, Page 12
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