Christchurch Gas Company’s Profits
DECREASED BY HIGHER TAXATION. Per Press Association. CHRISTCHURCH, Last Night. Although wages and materials costs were lower and revenue higher increased taxation and general charges resulted in a slightly reduced net profit for the Christchurch Gas, Coal and Coke Company for the year ending December 31, 1936. The sales of gas, etc., were £182,144, against £180,583 in the previous period, but the net profit Was £23,124 against The dividend is maintained at 7 per cent.
An increase of 733,900 cubic feet of gas, which brought the total sales to
427,383,800 cubic feet, is considered by the directors to be satisfactory considering the closing of the premises of commercial users on Saturday mornings.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/MT19370127.2.25
Bibliographic details
Manawatu Times, Volume 62, Issue 22, 27 January 1937, Page 4
Word Count
116Christchurch Gas Company’s Profits Manawatu Times, Volume 62, Issue 22, 27 January 1937, Page 4
Using This Item
Stuff Ltd is the copyright owner for the Manawatu Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in