COMPANY AFFAIRS
WOOLWOHTHS, N.Z. SHOWS PROFIT RISE The accounts of Wuolworlhs (N.Z.', Ltd., lor the year ended October 2 contirm the preliminary announcement <»C an Increase or £15,395 in net profit to £110,762. The result is reached after allowing £215,000. or 115.000 more than the previous year, for taxation. Tlie ordinary distribution totals .17 nor cent., comprising 15 per cent, dividend and 2 per cent, bonus, in the previous year, dividend was 1-1 per cent., with a victory bonus of 2 per c<mil added. The year’s trading results are regarded as sails factory, slates the directors’ report. WOOLWORTIIS, VICTORIA. Profit, before taxation, of Wuolworlhs ‘Vic. i. Ltd., at £61,155 for the year ended September 30, is £15,438 more than last year. After tax payments of £15,152, or £1937 less than last year, the net result of £46,003 is an increase of £17.375. Ordinary dividend is again 13 per cent, 'last year’s rale included a bonus of 2 per icnt.'. and requires £29.251 The 7 per rent, preftrence dividend absorbs £5600. After providing £lsOit for bluff fund carr\-forward, subject to taxation, Is Increased fruin £3B. •13-1 Io £18,086.
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https://paperspast.natlib.govt.nz/newspapers/WC19471115.2.67.11
Bibliographic details
Wanganui Chronicle, 15 November 1947, Page 7
Word Count
187COMPANY AFFAIRS Wanganui Chronicle, 15 November 1947, Page 7
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