METTERS (N.Z.), LIMITED
Profit And Dividend Higher
A net profit of £11,431 is reported by Mettere (N.Z.), Limited, porcelain manufacturers, Wellington, for the year ended December 31. This compares, with £6216 in 1037, and £5262 in 1036.
After payment of the ordinary dividend of 6 per cent, for 1937, and a bonus of 1/- a share in December, there was a debit of £54 in the profit and less account. After provision for this there is £11.377 available. The directors recommend payment of a dividend of 1/- a share, equal to 8 per cent., requiring £5195. The directors report that the plant has been fully employed during the year, and further extensions have been decided upon. The company is a subsidiary of General Industries, Limited, Sydney, and was formed in 1929. Paid capital amounts to £64,937.
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https://paperspast.natlib.govt.nz/newspapers/DOM19390327.2.120.6
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Dominion, Volume 32, Issue 155, 27 March 1939, Page 12
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136METTERS (N.Z.), LIMITED Dominion, Volume 32, Issue 155, 27 March 1939, Page 12
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