GOLDSSROUGH MORT.
NET PROFIT OF £203,641 A net profit of £209.641 is shown by | T ie annual report of Goldsbrough, and Companv, Limited, for the >ear ended March 31. This is a fall of £128,968 in comparison with the previous year. when a net profit of •-338,609 was a record. In 1927-28 the amount was £331,466, and in 1926-27 was £329,043. With £119,281 brought forward, less 1929 staff bonus. £16,321, ’here is available for distribution £ $12,601 • The directors recommend a final of 10 per cent, per annum for half-year on the capital of £2,000,000, excluding the 400,000 new shares which were issued during the •LgL this making, with the interim hrvidend, 10 per cent, for the year. It hs- s _been customary to declare a bonus or 5 per cent, with the final dividend, D ut no provision is made for that this Joar. The directors also recommend *£2.500 should be transferred to the provident fund. compared with -•o.OOO last year, when also £20.000 Was transferred to the reserve fund, Staking it £1,520.000, and a balance of £13.609 was added to the undivided Profits. This year it is proposed to carry forward £llO,lOl.
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https://paperspast.natlib.govt.nz/newspapers/SUNAK19300617.2.101.3
Bibliographic details
Sun (Auckland), Volume IV, Issue 1000, 17 June 1930, Page 11
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193GOLDSSROUGH MORT. Sun (Auckland), Volume IV, Issue 1000, 17 June 1930, Page 11
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