PERPETUAL FORESTS LTD.
DECREASE IN PROFIT (By Telegraph—Press Association.) AUCKLAND, June 1. A net profit of £20,812, a decrease of £5218 on the previous year, is shown in the accounts of New Zealand Perpetual Forests, Ltd., for the year ended March 31.
A final dividend of 4 per cent and a special dividend of 2J per cent are recommended, making, with an interim payment of 4 per cent, a total distribution of 101 per cent for the year. This compares with 8 per cent for the previous year.
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Wairarapa Times-Age, 2 June 1938, Page 10
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88PERPETUAL FORESTS LTD. Wairarapa Times-Age, 2 June 1938, Page 10
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