HEALTHY BUSINESS
KEMPTHORNE PROSSER’S, LTD. Despite the fact that the paid-up capital has been increased by over one-fourth during the past two years, Kempthorne, Prosser and Co. can still afford, for the fourth consecutive year, to pay out a dividend of 10 per cent. Within the same period reserves, materially assisted by the premium on the shares issued, have advanced by nearly £50,000. The following table gives an indication of the healthy state of the firm’s trading operations during the last 13 years: Jan. 31, 1915—Paid-up capital, £266,000; reserves, £54,961; net profit, £23,459; dividend. 7 per cent. 1916 — £265,000, £61,141, 24,730, 7 per 1917 £265,000, £65,517, £25,576, 8 p.c. 1918— £*. *3,600, £68,725, £29,666, S p.c. 1919 £299,925, £78,329, £33.520, 8 p.c. 1920 £334,192, £100,103, £39,811, *lO p.c. 1921 £386,560, p.c. 1022—£399,865, £108,402, £32.921, 8 p.c. 1923 £400,000, £109,505, £37,100, *9 p.c. 1924 £400,000, £lll,Bßl, £42,253, *lO p.c. 1925 £400,000, £119,253. £47,372, *lO p.c.
1926—£448,044, £159,703, £54,820, *lO 1027 —£511,005, £167,538, £57,134, *lO
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/SUNAK19270324.2.9.5
Bibliographic details
Sun (Auckland), Volume 1, Issue 2, 24 March 1927, Page 2
Word Count
162HEALTHY BUSINESS Sun (Auckland), Volume 1, Issue 2, 24 March 1927, Page 2
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