COMPANY NEWS
Gordon and Gotcli.—Gordon and Gotch (A'asia), Ltd., has declared an ordinary dividend of 2s a share for the half-year, making 4s, or 20 per cent, (unchanged) for the year, payable June 22.
Anthony Hordern, Ltd.—A further increase of £13,164 to £158,868 is shown in net profit of Anthony Hordern and Sons, Ltd., Sydney, for the year ended February 25. This is the fifth consecutive year of improvement. The result is reached after allowing £5090 more for depreciation at £61,909. Dividends are unchanged at 6 per. cent., ordinary requiring £75,000 and preference £45,000. Reserve is again increased by £25,000, making it £150,000. and carry-forward is £13,868 higher at £36,726. Stocks, including goods afloat, have increased by £483,559 to £1,676,378.
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Bibliographic details
Otago Daily Times, Issue 26780, 25 May 1948, Page 7
Word Count
120COMPANY NEWS Otago Daily Times, Issue 26780, 25 May 1948, Page 7
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