RENNET COMPANY'S YEAR.
New Zealand Co-operative Rennet Company, Ltd., Eltham, reports sales as showing a considerable increaae during the year. Profit and loss account after deduction of rebates, showed a balance of £1004. Farm property was disposed of at a price which relieved the company of all liability. The balance of profit, £154, was carried forward. Sales and fees amounted to £48,293, less rebates £11,524. Materials, wages, manufacturing costs, repairs, and other outgoings amounted to £32,940; directors' fees £200; depreciation £1722; reserve for taxes £1000. Mr. James Fisher, Clareville, was re-elected a director, unopposed.
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Evening Post, Volume CXXXI, Issue 127, 31 May 1941, Page 5
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94RENNET COMPANY'S YEAR. Evening Post, Volume CXXXI, Issue 127, 31 May 1941, Page 5
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