GORDON AND GOTCH LTD.
Gordon and Gotch (Australasia) Ltd., report a net profit of £23,458 for the half-year ended September 30, after providing £6,488 for taxation. The profit is £293 less than that for the corresponding half of 1931. The company is able to maintain dividends on preference and ordinary shares at the usual rate of 8 per cent, per annum, and carries _forward £14,750. compared with £15,292 brought in. The accounts show an increase of £10,590 in amounts owed to creditors by comparison with the September half of 1931, but bank overdraft has been reduced by £10,052 in the year. Stocks are about £12,000 less than they were a year ago.
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Bibliographic details
Evening Star, Issue 21286, 15 December 1932, Page 8
Word Count
112GORDON AND GOTCH LTD. Evening Star, Issue 21286, 15 December 1932, Page 8
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