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ANGLO-IRANIAN OIL

The Anglo-lranian Oil Company, Ltd., paid a final dividend on the ordinary stock of 15 per cent, less lax, making 20 per cent, for the year 1943, the same as for the previous 12 months. The net profits for the year were £5,639,122 (£7,790,282 in the previous year), and £1,378,667 (£1,187.119) was brought forward. The preference stock reserve receives £500,000 (same), and the dividends on the preference stock require £1,071,234 (same), and £1,419,055 remains to be carried forward. The gross profits for 1943 were higher than those for 1942, and the decrease in the net profits is entirely due to excess profits tax.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ODT19450106.2.11

Bibliographic details

Otago Daily Times, Issue 25736, 6 January 1945, Page 2

Word Count
105

ANGLO-IRANIAN OIL Otago Daily Times, Issue 25736, 6 January 1945, Page 2

ANGLO-IRANIAN OIL Otago Daily Times, Issue 25736, 6 January 1945, Page 2