AUSTRALIAN PROFITS IN 1941
According to the Commonwealth Bank's statistical bulletin, 640 companies in Australia, with shareholders' funds amounting to £431,3<Xk000, made an average profit of 6.6 per cent in 1941. In the previous year the average profit of the same companies was 6.7 per cent, and shareholders' funds £419,700,000. Profits are shown after making provision for taxation. Average profit of 38 companies engaged in minine and primary production was 6.7 per cent in 1941. against 7.4 per cent in 1940; manufacturing (214 companies), 7.9 per cent (8.1 per centi); distribution wholesale (133 companies). 7.2 per, cent (7.4 per cent); distribution retail (74 companies). 7.4 per cent (7.6 per gent): services (127 companies). 5.8 per cent: (5.6 per cent): finance <128 companies). 4.7 per cent (4.9 per cent).
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Auckland Star, Volume LXXIII, Issue 174, 25 July 1942, Page 3
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128AUSTRALIAN PROFITS IN 1941 Auckland Star, Volume LXXIII, Issue 174, 25 July 1942, Page 3
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