Conditions during 1937 were difficult for Australia Silknit, Ltd.j, profits being adversely affected by deliveries of forward orders, which were subject to increased costs under wages awards and raw material prices, while the dearth of skilled operatives prevented the company from supplying orders secured during the year. After providing £5615 for depreciation and £7318 for directors' fees, 'management, salaries, etc., net profit of £4807 was earned, during the year ended December 31, 1937,, compared with, £18,441 in the previous year and £ 18,590 >ia 1935. • ...
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Evening Post, Volume CXXV, Issue 80, 5 April 1938, Page 14
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84Untitled Evening Post, Volume CXXV, Issue 80, 5 April 1938, Page 14
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