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BANK OF NEW ZEALAND

PROFIT OVER HALF A MILLION - . (Per Press Association.—Copyright.) WELLINGTON, This Day. The directors of the Bank of New Zealand announced to-day profits for the year, March 31, 1932, at approximately £587,000, which is a reduction of £258,000 on last year. Subject- to audit, it is proposed to make the same distribution as last year. The amount to be distributed is £871,909, including the interim dividend paid in December, as. follows: Out of net profits, £587,000; out of balance of profits, £G2G,OOOy carried forward from last ■ year,, £230,908; balance to bo carried forward, approximately, £395,000. : Distribution AA’ill bn made in New Zealand currency.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NA19320430.2.39

Bibliographic details

Northern Advocate, 30 April 1932, Page 7

Word Count
106

BANK OF NEW ZEALAND Northern Advocate, 30 April 1932, Page 7

BANK OF NEW ZEALAND Northern Advocate, 30 April 1932, Page 7

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