DOMINION FERTILISER
I j SHARP FALL IN PROFIT 1 £ hs fP f all In net earnincs from £ 13.254 to! ' 18 I, *"?, ln Ihe 'annual recounts of the ■Xm v2?r fl n i'7 r of Duneiin. for ..ie jear ended March 31. In 1940 the! ! i £14.751. Added to the unapproprujed balance brought forward from th» 1 r o?i zr l d losß appropriation account, last year. •of •. ®"[ 10unt t0 carricd forward to next i rear is £64G9. | j The chairman of directors. Mr. L. J. Stevens j ■ sis res that the reduction in net profit may be ! attributed to (1) increases !n income tax and) | social and national security taxes: (2) increasedI cost not recoverable by the company in the fixed : prices ruling for fertilisers; and (3) the reduction jin turnover following rationing. The amount of j profit and the immediate outlook are such that ! : the directors do nr.: recommend payment of a j , dividend. In tb«» balance sheet shareholders' funds i j at £247.028. Provision for taxation totalled) I £ 13.564. Gross manufacturing and trading profit was £37,111.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/AS19420530.2.27
Bibliographic details
Ngā taipitopito pukapuka
Auckland Star, Volume LXXIII, Issue 126, 30 May 1942, Page 3
Word count
Tapeke kupu
178DOMINION FERTILISER Auckland Star, Volume LXXIII, Issue 126, 30 May 1942, Page 3
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Auckland Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). 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.
Acknowledgements
Ngā mihi
This newspaper was digitised in partnership with Auckland Libraries.
Log in