JOSEPH NATHAN AND CO.
LONDON. May 31. A net profit of £81,849 was earned by Joseph Nathan and Co.. Ltd.. last year, being £5751 less than the preceding year. At the annual meeting on March 26 a dividend of 10 per cent was declared on ordinary stock. The chairman. Mr. Alec Nathan, stated that the general reserve had been increased by £20.000 to £150.000. "We are fortunate that during the greatest war in history we have been able to carry on as effectively as has been done.*' said Mr. Nathan. "In spite of the continuously growing difficulties we have had a successful year. The balance of liquid funds over current liabilities has increased by £50,000 and now amounts to over £500.000."
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Auckland Star, Volume LXXIII, Issue 127, 1 June 1942, Page 3
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121JOSEPH NATHAN AND CO. Auckland Star, Volume LXXIII, Issue 127, 1 June 1942, Page 3
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