NOTES BROS. (SYDNEY) PROFITS!
Net profit of £21,370 reported by Noyes Bros. (Sydney), Ltd.," an engineering and merchant company,' ; for the year ended April' 30 a decrease of £8674. Trading results-were about the same as those for the .preceding year, the directors state, and the reduction in net profit is due entirely to provision for increased taxation. Ordinary distribution is maintained; at ~15 per cent., including dividend of! 10 per cent, (interim 3j, final 6J), and:bonus of 5; per cent., and requiring"'£ 10,500. A supplementary dividend of £2 0s f6d per' cent, will be paid on-* first preference shares to make a total' of 9 per cent., which amounts' to ~ £2700. A sum of £10,000 is transferred'to reserve. '■■■■ ■■•' ;
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Evening Post, Volume CXXX, Issue 10, 11 July 1940, Page 14
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118NOTES BROS. (SYDNEY) PROFITS! Evening Post, Volume CXXX, Issue 10, 11 July 1940, Page 14
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