CABLES & WIRELESS
LARGE DROP IN PROFITS.
.United Press Association—By Electri Telegraph.—Copyright.]
LONDON, July 23. The Imperial International Communications Ltd. profit for the last year, the first year of unified control, was £526,248, compared with £2,023,155 for the twenty-one. months ended 31st December 1929. The decrease is entirely due to the drop in message receipts which diminished at the rate of 992,183 for (he year.
A dividend of one and three quarters per cent, will be paid by utilisation of £200,000 from the general revenue. 5i per cent, was duly paid on the preference shares.
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Hokitika Guardian, 25 July 1931, Page 5
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94CABLES & WIRELESS Hokitika Guardian, 25 July 1931, Page 5
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