INCREASE IN PROFITS
WOOLWORTH’S (N.Z.), LTD. NEW COMPANY FORMED (United Press Assn.—Elec. Tel. Copyright) SYDNEY, Dec. 13 The trading results of Woolworth's (New Zealand), Limited, in the past year show a net profit, after setting aside £98,000 for taxation, of £125,212. this being £13,751 above the profit of the previous year. The chairman, Mr C. Scott Waine, at the annual meeting to-day. said the results justified the policy of development and reflected credit on the ability and energy of the general manager, Mr W. T. Kelly. He announced that a new* company was being formed to acquire freeholds required by the company.
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Bibliographic details
Waikato Times, Volume 123, Issue 20679, 14 December 1938, Page 7
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102INCREASE IN PROFITS Waikato Times, Volume 123, Issue 20679, 14 December 1938, Page 7
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