Better Results For M.K.U.
(N.Z.P.A.-Reuter— Copyright) MELBOURNE, April 27. Mary Kathleen Uranium. Ltd., showed a profit of £1,070,417 in the first quarter of the year to March 31 last, compared with £1,064,554 in the previous corresponding quarter. From the profit. £527.000 (previous £ 540,000) was voted to special reserve to repay long-term loans. Ordinary dividend of 2s a share took £568,368 (.previous Is a share taking £284,184) and preference dividend £28,042 (£31,608). Revenue Gross revenue for the quarter totalled £1,795,374 (£1.756,397). Mining, milling and administration costs totalled £673,003 (£624.136) and loan interest £51,954 (£67,707). Long-term indebtedness and redeemable preference shares stood at £5,484,887 (£7,064,170). Ore milled in the quarter was 110,000 tons (112,000), producing 403.0001 b of uranium oxide (402.000). John Lysaght Issue Rushed John Lysaght (Australia) Ltd. issue of 3.000,000 £1 ordinary shares at £1 premium opened and closed in Sydney on Monday. Applications substantially exceeded the issue. The issue was taken firm by the underwriters.
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Press, Volume C, Issue 29500, 29 April 1961, Page 15
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156Better Results For M.K.U. Press, Volume C, Issue 29500, 29 April 1961, Page 15
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