NEW ZEALAND BREWERIES
SIXTH ANNUAL MEETING. By Telegraph—Press Association. Wellington, Last Night. The sixth annual meeting of New Zealand Breweries, Limited, was held today, Mr. A. S. Bankart presiding. A motion, that a dividend of 7J per cent, be paid (making 15 per cent, for the year) was carried unanimously. This represents an increase of 5 per cent, over the previous year. The gross profit war £607,536. The Government took beer duty £478,687, the net profit being £128,848. The proposals of the directors regarding a rearrangement of the capital of the company were adopted. The retiring directors, Messrs. E, R. Davis, A. S. Duncan and P. F. McEvedy, were re-elected, while Messrs. Watkins, Hull, Hunt and Wheeler were appointed the auditors.
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Taranaki Daily News, 18 July 1929, Page 13
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121NEW ZEALAND BREWERIES Taranaki Daily News, 18 July 1929, Page 13
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