RECORD PROFIT
CARLTON AND UNITED Carlton and United Breweries, Limited, Melbourne, reports a record profit of £528,892 for the year ended June 30, compared with £493.668 in the preceding year and £454,000 for 1936-37,
The unchanged dividend of 12i per cent (2s 6d a share) requires £37,500 on the preference shares and £328,125 on the ordinary shares. The sum of £163,267 is transferred to reserve. The profit was struck after providing £67.857 for depreciation on fixed assets and £9317 for directors’ fees and taxation. The consolidated profit and loss account of the company and its subsidiaries shows a net profit of £548,140.
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Bibliographic details
Gisborne Herald, Volume LXVII, Issue 20137, 5 January 1940, Page 12
Word Count
102RECORD PROFIT Gisborne Herald, Volume LXVII, Issue 20137, 5 January 1940, Page 12
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