PLASTICS PROFIT
Earnings Of £263,000 (N.Z. Press Association) WELLINGTON, June 5. Net profit of Consolidated Plastic Industries New Zealand, for the year ended March 31,. was £263,000, against £229,576 the previous year. The result, which is subject to audit, was announced by the directors today. As forecast, the directors recommend a final dividend of 6 per cent payable at the end of July. Final dividend will be paid on capital increased by a one-for-two issue early this year. With the interim of 6 per cent paid in December, the
With the interim of 6 per cent paid in December, the total distribution for the year represents 10 per cent on present capital. It is equivalent to 15 per cent on pre-bontts capital, against 14 per cent paid last year.
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Press, Volume CVI, Issue 31079, 7 June 1966, Page 17
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129PLASTICS PROFIT Press, Volume CVI, Issue 31079, 7 June 1966, Page 17
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