LESS PROFIT MADE BY McKENZIES
DIFFICULTY IN KEEPING STOCKS UP. ’.P.A.) Wellington, May 21. Tne net profit of McKenzie’s Deparlmcu Stores Limited, for the vear endec. Jj.ich 31, was £48,154, against £49,822 for the previous year. taxation absorbed £98,938. A dividend of 10 per cent, absorbed £50,000, '.he same as last year, leaving £96,270 Io be carried forward, compared with £98416 the previous year. ihe directors' report states that during the year difficulty was experienced in keeping stocks al a ratisfactory level and this was reflected in the ‘ inning figures. Stocks are shown at £368,981, compared with £427,595 the previous year.
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Wanganui Chronicle, Volume 90, Issue 117, 22 May 1946, Page 5
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101LESS PROFIT MADE BY McKENZIES Wanganui Chronicle, Volume 90, Issue 117, 22 May 1946, Page 5
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