New Broken Hill
New Broken Hill Consolidated, Ltd., is paying a final dividend of Is sterling a share, less United Kingdom tax, making Is 6d a share, or 30 per cent., against 20 per cent, in the previous year. The dividend is payable on July 1, ex May 19. Net profit for 1949 increased by £ .8,385 to £384,014 after providing £72,000 more for taxation and £7OOO more for depreciation. The dividend amount on the increased capital, less tax is £184,898. and £200,000 is placed to reserve Carryforward is £75,549, against £76,433 brought in
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Bibliographic details
Otago Daily Times, Issue 27391, 17 May 1950, Page 9
Word Count
93New Broken Hill Otago Daily Times, Issue 27391, 17 May 1950, Page 9
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