BROKEN HILL PROPRIETARY
COAL SHORTAGE REDUCES OUTPUT
Consolidated net profit of the Broken Hill Pty. Company, Ltd -' fail of its subsidiaries shows a heavy tan or Igffi in nef S is nartlv offset by an increase of iba.Jor In P lnvestment and other income to £ Co l ns s o°l'idated profits for the past two years are;— 1945 , 1946. Net trading profit .. 813,891 504.187 General investments 271 35G Total net profit' .'i 1.030 266 775,543 Working profit .. 4,837,188 3,9bJ.ai^ “. :: :: 1838 r S', O %A“'tL“ S M bv the company has been impressed by the Coal Commissioner for other consumers This and the intermittent working of the collieries caused a shortage ot coal which severely affected steel output. Steel production was also dislocated by a nine weeks’ industrial stoppage. At tne Whvalla shipyard three more freighters were handed over to the Shipping Boatd and a fourth was launched.
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Bibliographic details
Otago Daily Times, Issue 26243, 29 August 1946, Page 10
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147BROKEN HILL PROPRIETARY Otago Daily Times, Issue 26243, 29 August 1946, Page 10
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