Ice Cream Company’s Year
[S-pecial to "Northern Advocate ” 3 AUCKLAND, This Day. The accounts of the Robinson Ice Cream Company, Ltd., for the year ended April 30, show a net profit of £3329, compared with £5480 in the previous year and £3559 in 1936-37. The directors recommend a dividend of 7 per cent per annum, as against 8 per cent in the previous year. The profit is struck after providing ,£4795 for depreciation and £760 for additional taxation. The dividend requires £2520. The report states that the inclemency of the weather, which was detrimental to business until late in February, and increased costs of labour and raw material, together with new taxation, accounted for the reduced profit. Turnover, w'as satisfactorily maintained.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NA19390603.2.122
Bibliographic details
Northern Advocate, 3 June 1939, Page 9
Word Count
121Ice Cream Company’s Year Northern Advocate, 3 June 1939, Page 9
Using This Item
NZME is the copyright owner for the Northern Advocate. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence . This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in