CANTERBURY MEAT CO.
A SUCCESSFUL YEAR. PROFIT OF £13,734. (By Telegraph.—Press Association.) CHRISTCHURCH, Thursday. The annual report of the Canterbury Frozen Meat Company states that the net profit for the year was £13,734, ,and after an addition to the renewals reserve fund, £12,976 is available for distribution. The directors recommend that the the amount should bo dealt with as follows: Dividend of 6 per cent, on preference shares, £6000; dividend of 5 per cent, on ordinary shares, £5625; carry forward, £1351.
The company showed a net profit of £15,623 last year and dividends of 6 per cent, were paid on preference and ordinary shares. A net loss of £47,389 was shown in 1930, and a loss of £48,414 in 1929.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/WT19321202.2.99
Bibliographic details
Waikato Times, Volume 112, Issue 18808, 2 December 1932, Page 8
Word Count
120CANTERBURY MEAT CO. Waikato Times, Volume 112, Issue 18808, 2 December 1932, Page 8
Using This Item
Stuff Ltd is the copyright owner for the Waikato Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.