Mosgiel Woollen Factory Profit £13.315
DUNEDIN. Last Night (P.A.)—The net profit for the year from all sources, says the annual report of the directors of the Mosgiel Woollen Factory Company Ltd., amounted to £13,315. In arriving at this result the provision of £8716 has been made for depreciation and £17,500 for taxation. The net profit, together with £24.392 brought forward, less an interim dividend paid in May, absorbing £3815. leaves £33,892 to be dealt with. The directors recommend the payment of a final dividend of 6 per cent., absorbing £6OOO, and the transfer to the reserve account of £3OOO, leaving £24,892 to b® carried forward.
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Wanganui Chronicle, 9 November 1949, Page 6
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105Mosgiel Woollen Factory Profit £13.315 Wanganui Chronicle, 9 November 1949, Page 6
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