RECORD PROFIT FOR CLAUDE NEON LIGHTS
Daily Times Special Service. A sharp rise of £5989 in net profit, to £18,530, is reported by Claude Neon Lights of New. Zealand, Ltd., for the year ended September 30. This is a new record for the company. The dividend is unchanged at 7 per cent, (final, 44 per cent.) the rate established last year, and absorbs £5905. The sum of £3748 is transferred to general reserve, which is now £25,000. Undivided profits are £13,913, against £10,036 a year ago, and tax provision is nearly doubled at £38,369 against £19.878 last year.
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Otago Daily Times, Issue 26639, 9 December 1947, Page 7
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98RECORD PROFIT FOR CLAUDE NEON LIGHTS Otago Daily Times, Issue 26639, 9 December 1947, Page 7
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