PERPETUAL FORESTS.
PAST YEAR’S OPERATIONS.
NET PROFIT OF £17,343
(Bv Telegraph.—Special to Times.) AUCKLAND, Monday
A net profit, of £ 17,3-13 was earned by New Zealand Perpetual Forests Ltd., during the year ended March 3,1. This compared with £24,308 for the previous 12 monthsThe balance brought forward from last year, after, deducting dividend paid, was £13,739, which with this year’s profit gives a total of £31,082. From this an interim dividend of 4 per cent., paid In November, absorbed £7091, leaving available for appropriation, £23,181. From this sum the directors recommend the payment of a final dividend of 4 per cent., making 8 per cent, for the year, and leaving £15,279 to bo carried forward.
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Bibliographic details
Waikato Times, Volume 117, Issue 19586, 27 May 1935, Page 10
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114PERPETUAL FORESTS. Waikato Times, Volume 117, Issue 19586, 27 May 1935, Page 10
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