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
103J. J. NIVENS YEAR Evening Post, Volume CXXX, Issue 21, 24 July 1940, Page 12
Using This Item
Stuff Ltd is the copyright owner for the Evening Post. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.