ALEX. COW AN AUST.
Profit Falls To £44,407
Net profit of Alex. Cowan (Aust.) Pty., Ltd., Melbourne paper merchants and stationers, fell by £1641 to £44.407 for the year to September 30. Dividend to the parent company, Alex. Cowan and Sons, Ltd., of Scotland, is unchanged at £25,000. Earning rate eases from 15.3 to 14.6 per cent on paid capital of £300,000. Shareholders’ funds totalled £660,573 at balance date. Profit is after tax £22,500 (down £6250), depreciation £19,616 (up £2144) and interest charges £14,218 (up £387). It excludes a surplus on sale of assets £204 (£B5l the previous year).
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https://paperspast.natlib.govt.nz/newspapers/CHP19660118.2.187
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Press, Volume CV, Issue 30961, 18 January 1966, Page 15
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99ALEX. COW AN AUST. Press, Volume CV, Issue 30961, 18 January 1966, Page 15
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