RELAX LIMITED
FIRST ANNUAL REPORT
p.A. WELLINGTON, May 17. The first annual report and balance sheet of Relax, Ltd., will be presented at a meeting of shareholders in Wtfllington on May 27. The following results are shown for the year ended March 31. 1948: —Gross trading profit, £74,288; net trading profit, £24,848; taxation, £15,000; surplus, £9484; dividends (6J per cent, preference and 10 per cent, ordinary), £6155; transfer to general reserve, £2000; carry forward, £1693.
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https://paperspast.natlib.govt.nz/newspapers/ODT19480519.2.79.5
Bibliographic details
Otago Daily Times, Issue 26775, 19 May 1948, Page 7
Word Count
75RELAX LIMITED Otago Daily Times, Issue 26775, 19 May 1948, Page 7
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