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J. J. NIVENS YEAR

J. J. Niven and Company, Ltd., engineers, show a net profit of £9267 in the year ended March 31, 1940, after providing £27,700 for taxation. With £6450 brought in, the amount available is £15,918. The directors recommend the'payment of a dividend at the rate of Is a share (free of tax), absorbing £-9849, leaving £6868 to be carried forward. The directors report that the volume of business was well maintained. Sales of merchandise had receded a' little but there was a larger valume of foundry business. Taxation^ provision was more than twice the average for the three previous years.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19400724.2.152.9

Bibliographic details

Evening Post, Volume CXXX, Issue 21, 24 July 1940, Page 12

Word Count
103

J. J. NIVENS YEAR Evening Post, Volume CXXX, Issue 21, 24 July 1940, Page 12

J. J. NIVENS YEAR Evening Post, Volume CXXX, Issue 21, 24 July 1940, Page 12

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