FLUENZOL PROPRIETARY (LTD.). At the annual meeting of the Eluenzol Proprietary (Ltd.) the directors reported that sales had increased from £5731 to £6895. The profit and loss appronriation account, which was in debit £628 last year, was now in credit £513. Out of this it was proposed to pay a dividend at the rate of 6 per cent, for the year, absorbing £330, and apply the balance of £lB3 to reduce the exploitation account (representing Australian losses) from £1212 to £1029. The profit would have been larger but for the fact that the manufacturing expenses had increased 23 per cent., as against an increase of 20 per cent, in the sales.
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Otago Witness, Issue 3802, 25 January 1927, Page 37
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111Page 37 Advertisements Column 1 Otago Witness, Issue 3802, 25 January 1927, Page 37
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