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MORRIS, HEDSTROM, LTD.

The net profit of Morris, Hedstrom Ltd Fiji, was £86,910 for the year «de4 March 31 an increase of £207. The usual preference dividend of 6 P e £ C "W JL quires £13,152 and the unchanged orhe" Vv sWarper°s War per° requiring £26 020 is to be met from th | ft^ la^p stands at £40,000. The directors report that the balance of £13,980 after paymen of the bonus will be transferred to another re in rV his address to the annual meeting, the chairman. Sir Maynard Hedstrom^ stated that Prospects for the current year were reasonably good. Copra prices w liiroiv in continue to be sstisfsctory, witn a possibility of an increase to something fike parity with British Government prices for Ceylon copra Sugar crops this yeai would be light, but prospects for next year were good.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ODT19460706.2.14.5

Bibliographic details

Otago Daily Times, Issue 26197, 6 July 1946, Page 3

Word Count
140

MORRIS, HEDSTROM, LTD. Otago Daily Times, Issue 26197, 6 July 1946, Page 3

MORRIS, HEDSTROM, LTD. Otago Daily Times, Issue 26197, 6 July 1946, Page 3

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