COMPANY PROFITS RISE
PAST YEAR’S RESULTS INCREASE OF 16 PER CENT. Profits of 14 selected Australian and New Zealand companies which balance in 1938, and whose balancesheets have been issued, rose from £688,656 in 1936-37 to £800,020 in 1937-38—an increase of more than 16 per cent. Ordinary distributions by the companies were £62,545 higher at £560,922. This amount does not in-1 elude a special bonus of £72,875 paid I out of reserves by a New Zealand i company in the group.
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Bibliographic details
Wanganui Chronicle, Volume 80, Issue 110, 12 May 1938, Page 11
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81COMPANY PROFITS RISE Wanganui Chronicle, Volume 80, Issue 110, 12 May 1938, Page 11
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