WILSON'S CEMENT
DIVIDEND AS BEFORE
An increase of £6660 in the net profit is shown in the accounts of Wilson's (N.Z.) Portland Cement, Limited, Auckland, for the year ending March 31. Net earnings were. £59,889, against £53,229 a year ago. Full provision has been made for depreciation, bad debts, taxes, and other expenses.
The directors recommend a final dividend of 9d a share, making again ]5 per cent, for the year, and this rate is unchanged. After this distribution the floating balance will be raised £14.889 to £27,241. The amount brought in was £12,352, making available £72,241. The interim dividend of 9d a share absorbed £22.500. The sum of £27,241 is to be carried forward.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19370604.2.129.15
Bibliographic details
Evening Post, Volume CXXIII, Issue 131, 4 June 1937, Page 12
Word Count
115WILSON'S CEMENT Evening Post, Volume CXXIII, Issue 131, 4 June 1937, Page 12
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