DUNLOPS PROFITS.
LIQUIDATING PREVIOUS DEFICITS.. Bv Cable —Press Association. —Copyright. LONDON, June 16. At a meeting of the Dunlop Rubber Company. Sir Eric Geddes said that the net trading profit for the last eighteen months, after paying debenture interest, was £1,538,000, not including the deficit of £583,000 of one American Company. Sir Eric emphasised the point that the proposed reduction of capital merely expressed relative value. The net deficiency was £11,353,000. The report was adopted.
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Bibliographic details
Timaru Herald, Volume XCVIII, Issue 18084, 18 June 1924, Page 9
Word Count
75DUNLOPS PROFITS. Timaru Herald, Volume XCVIII, Issue 18084, 18 June 1924, Page 9
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