BURNS PHILP (SOUTH SEA)
A net profit of £96,732 is shown in the accounts of Burns Philp (South Sea) Company, Ltd., Suva, for the year ended January 31. This compares with a record of £112,589 in the previous year. The profit is reached after providing £21,839 for depreciation, an increase of £2279. The dividend rate is maintained at 83 per cent.. requiring £65,625, and £20,000 is placed to reserve and £SOOO to staff retirement fund. The carry forward is £45,527, against £39 420. The equalisation and rehabilitation reserve, established in the previous year, shows an increase of £126,512 to £298,729.
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Otago Daily Times, Issue 25849, 21 May 1945, Page 2
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100BURNS PHILP (SOUTH SEA) Otago Daily Times, Issue 25849, 21 May 1945, Page 2
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