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PROFITABLE TRADING

BYCROFT, LTD.

A dividend of 8 per cent, whir will absorb £7,260 and the sum * £3,469 to be carried forward is th* result of the operations of Bycrol Ltd., for the year ending March £ 1927.

Wheat prices and outside compettion combined to make trading conditions difficult during the year, stat=> the report, but indications are thr conditions will soon become more nomal. During the year the debentu: issue of £17,500, which has been t liability for many years, was paid efi The retiring director, Mr. Jotfr La wry, offers himself for re-election. A comparison of operations for th? past three years is as follow: 1925. 1926. isf Brought forward £4.120 £7,084 £i~ Net profit .. .. 9,482 9,461 £13,602 £16,547 £lo7* Dividend 8 p.c. 6,518 6,585 7& To capital .... - Carried forward . £7,084 £1,712 £3£

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/SUNAK19270512.2.6.7

Bibliographic details

Sun (Auckland), Volume 1, Issue 42, 12 May 1927, Page 2

Word Count
134

PROFITABLE TRADING Sun (Auckland), Volume 1, Issue 42, 12 May 1927, Page 2

PROFITABLE TRADING Sun (Auckland), Volume 1, Issue 42, 12 May 1927, Page 2