AUSTRALIA HOTEL DIVIDEND.
Australia Hotel Company, Ltd., Sydney, reports a net profit of £29,548 for the year ended June 30, after transferring £8000 to provision for taxation and' £10,350 to reserve for depreciation. The previous year's net profit, after providing for depreciation and £14,000 for taxation, was £29,318. A final ordinary dividend of 4 per cent, is recommended, making 7 per cent, for the year, compared with 6£ per cent, the previous year.
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Evening Post, Volume CXXIV, Issue 40, 16 August 1937, Page 12
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73AUSTRALIA HOTEL DIVIDEND. Evening Post, Volume CXXIV, Issue 40, 16 August 1937, Page 12
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