KAURI TIMBER CO.
(Press. Assn.—
LARGE LOSS DISCLOSED
-By Tefegvaph — CopyrigM).
Rec. Dec. 10, 7.30 p.m. MELBOURNE Thurday. A trade loss of £10,408 is disclosed in the accounts of the. Kauri Timber Company Ltd. for the twelve months ended August 1931. The directors, in the circumstances, regretted their inability to pay a dividend. Less than £282, was brought forward from August 1930. The total debit now carried forward amounts to £10,126. Stocks are shown at a valuation of £192,735. The company's operations the prevvious year resulted in a profit of £18,043, in respeet of which a dividend of 2~h per cent was paid. Mr. John Bishop was re-elected to the directorate.
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Bibliographic details
Rotorua Morning Post, Volume 1, Issue 94, 11 December 1931, Page 5
Word Count
111KAURI TIMBER CO. Rotorua Morning Post, Volume 1, Issue 94, 11 December 1931, Page 5
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