WESTPORT COAL
THE HALF YEARLY DIVIDEND. (Per Press Association — Copyright.) DUNEDIN, November 21. The annual report of the directors of the Westport Coal Coy. Ltd. states that the Company’s profit for the year, after providing for bad and doubtful debts, depreciation, and all charges, amounts to £17,973 15s 3d, to which must be added the sum of £8,331 14s 2d brought forward from last year, making a totail of £26,305 9s sd. - •i.
An ( ,interlm.dividend.of.,6<i per share Was paid l for the half year ended March 31, 1932, amounting to £11.250, and leaving a balance to be dealt with of £15,055 9s #d, out of which the directors now propose to pay a dividend of 3d per share for the half yew ended September 30, 1935, which will absorb £5,625, and to carry forward to next year’s account £9,430 9b sd.
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Hokitika Guardian, 22 November 1932, Page 2
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141WESTPORT COAL Hokitika Guardian, 22 November 1932, Page 2
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