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WOOLWORTHS PROPERTIES

Net profit of Woolworths Properties, Ltd., for the year ended June 30, was £71,601, compared with £50,538,.5 truck after providing £36,009 for taxation and £8342 for depreciation, against £20,300 and £7114 respectively in the previous year. „ Preferred ordinary dividend of 6 per cent, requires £35,061. During the year an ordinary dividend (the first) amounting to £17,709, was paid, and reduces the balance brought into the accounts to £291. The carry forward is £36,291. This is subject to any ordinary dividend that may be declared by the directors. The directors report that the company's properties have been maintained in good order and condition.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19410909.2.11.2

Bibliographic details

Evening Post, Volume CXXXII, Issue 61, 9 September 1941, Page 3

Word Count
104

WOOLWORTHS PROPERTIES Evening Post, Volume CXXXII, Issue 61, 9 September 1941, Page 3

WOOLWORTHS PROPERTIES Evening Post, Volume CXXXII, Issue 61, 9 September 1941, Page 3

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