DENTAL AND MEDICAL
NET PROFITS INCREASED
The Dental and Medical Supply Company's report and balance-sheet for the year ended March 31, states that the business for the past year showed a steady--improvement on the several preceding years. The net profit for 1936 was £1992, as compared with £1723 for the previous year. Ample provision has been made for bad and doubtful debts, and stocks have been taken at cost or market price, whichever is the lower. Furniture, fixtures, fittings, motor-cars, and premises have all been written down at the usual rates.
The net profit for the year, £1992 13s' Id, with the balance brought forward, £315 9s 9d, makes a total of £2308 2s lOd available for distribution. The directors recommend the payment of a. dividend of 3 per cent, for the year (as compared with 1\ per cent, last year), which will absorb £1733 18s lOd, and leave a balance of £574 4s to be carried forward to next year.
Dr. E. W. Giesen, director, who retires, is eligible and offers himself for re-election;
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19360506.2.140.5
Bibliographic details
Evening Post, Volume CXXI, Issue 106, 6 May 1936, Page 14
Word Count
175DENTAL AND MEDICAL Evening Post, Volume CXXI, Issue 106, 6 May 1936, Page 14
Using This Item
Stuff Ltd is the copyright owner for the Evening Post. 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