LOSS OF £32,930.
J. C. WILLIAMSON, LTD, NO DIVIDEND RECOMMENDED. A loss of £32,930 Is shown In the accounts of J. G. Williamson, Ltd., theatrical entrepreneurs, Sydney, for the year ended June 30, This compares with a loss Of £16,503 in J9°o. The gross profit for the year, £21,687. was £39,883 lower than in 1930* Expenditure totalled £54,617, as against £61,570 in Ihe previous year. No dividend Is recommended. Last year preference shares received tho full 8 per cent, and ordinary shares 2§ per cent. The report, states that, the company has suffered with others -owing to the reduced spending power of the community. Its difficulties have been further Intensified by the onerous severity of the Federal and State entertainment taxes, a -severity which is throttling the amusement industry, thereby reducing employment.
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Bibliographic details
Waikato Times, Volume 111, Issue 18524, 2 January 1932, Page 14
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132LOSS OF £32,930. Waikato Times, Volume 111, Issue 18524, 2 January 1932, Page 14
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