OVER A MILLION
COLONIAL SUGAR COY’S PROFIT.
(Rec. 10.50) SYDNEY, May 31. The one hundred and seventy-sec-ond annual report of the Colonial Sugar Relining Company states that the profits of the Company for the year ended March 31 last amounted to £1,041,601. The Board proposes to pay a final dividend amounting to seventeen shillings per share, which absorbs £497,250 while £469,439 is being carried forward. For the past season, the production in Australia has been less than in the previous year, owing to a shortage of labour and of fertilisers. In Fiji, about five per cent, more cane was crushed than during 1941. The sales of refined sugar in the Commonwealth atid in New Zealand amounted to more than half a million tons. This has constituted a record.
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Bibliographic details
Grey River Argus, 1 June 1943, Page 4
Word Count
128OVER A MILLION Grey River Argus, 1 June 1943, Page 4
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