PINCHIN, JOHNSON PAINTS.
Pinchin, Johnson, and Co., the British paint manufacturers, joined the list o* companies who are adopting a cautious dividend policy. Although results for the half-year ended June 30 showed that sales and estimated net profit made "a satisfactory advance," the ordinary interim was reduced from 7£ to 4 per cent. This step had been taken in view of the uncertainties of the outlook and the advisability of conserving the company's resources "with a view to a possible expanding demand for national requirements." For 1938 the lh per cent, interim was followed by a final of 5 per cent. Pinchin, Johnson, and Co. have interests in New Zealand.
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https://paperspast.natlib.govt.nz/newspapers/EP19391103.2.126.8
Bibliographic details
Evening Post, Volume CXXVIII, Issue 108, 3 November 1939, Page 10
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110PINCHIN, JOHNSON PAINTS. Evening Post, Volume CXXVIII, Issue 108, 3 November 1939, Page 10
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