Sleigh Group profit climbs to 4.9 million in year
H C Sleigh Ltd and Golden ecce petrol group report a consolidated profit of 4,924,000 for the year to June 30 after tax 3,022,000 and depreciation 3,796,000. Extraordinary items include 449,000 from Piaosten TLS S574 on asset sales and 753,000 exchange profits on overseas loans. Provisions for investment diminution 500,000 offset gains. Group sales rise 128 percent to 173,127,000. Dividend unchanged at 10 percent with 4 final 5% to be paid October 41.
MENTIONED IN THIS ARTICLE
H C Sleigh Ltd
Golden Ecce Petrol Group
Steamships Trading Company Profit and Dividend Updates
Steamships Trading Company Ltd reports consolidated net profit for the year ended May 31 after depreciation and tax. Directors propose a final dividend of 3 percent, totaling 8 percent for the year, payable November 30. Austral Bakeries Group, owned by Austral Bakeries Pi Holdings Ltd and 49 percent by John Darling and Sor (Aust) Ltd, posts a consolidated net profit of 188 503 for the year to June 2, down from 219 714 prior year, excluding capital profit of 2 810. Dividend reduced from 10 percent to 6 percent with a final 2 percent payable November 30.
MENTIONED IN THIS ARTICLE
Steamship
Trading Cn Ltd
STAR
AZS Stitt
Alan
Austral Bakeries [Group
Pale
Austral Bakeries Pi Holdings Ltd
John Darling and
Sore
Aust) Ltd
Australian Government Cash and Conversion Loan Rates Rise
Acting Treasurer Hayden announced higher interest rates for the latest Australian Government cash and conversion loan, with maturities from 14 months to 20 years and yields up to 11 percent. The move follows tighter policy and aims to attract buyers as market yields shift. concurrent conversion offers were outlined for holders of 4.15 percent securities from 1963.
MENTIONED IN THIS ARTICLE
Hayden
Reserve Bank
Carlton and United Breweries records peak profit of 13.8 million
Australia’s Carlton and United Breweries Ltd reports a record profit of 13.795 million for the year to June 30, up 17.2 percent from 11.769 million. The group notes rising costs from excise duty and budget measures while revenue climbs 12 percent. Depreciation stands at 5.389 million with after tax profit of 12.865 million.
MENTIONED IN THIS ARTICLE
Australia
Carlton and United Breweries Ltd
CUB
Priges
Copany S
DUL Reports Profit Rise Amid Solid Year End Update
Development Underwriting Ltd lifted consolidated net profit for the year to June 30 by 4.5 percent to a record 1 880 995. After tax provided 2 130 769 and depreciation 604 503, with goodwill written off 357 057. Directors said the result shows an excellent trend from the first half, noting year-end provisions applied to the full year and that the second half contributed its share despite seasonal conditions.
MENTIONED IN THIS ARTICLE
Development Underwriting Ltd
Remuilta
David Jones shifts write-off policy for new stores
David Jones Ltd reports a 1972-73 net trading profit of 36.81 million after writing off 1.38 million of new store establishment costs against current operating profit. The Sydney retailer, noting a 14.6 percent sales rise and lower expense rate, says earnings grew with improved efficiencies. Audited figures show group net profit up 21 percent to 6.809 million for the year to July 31, with after tax 4.889 million and depreciation 2.077 million. Excluding extraordinary items, ordinary capital rose from 27.6 to 33.4 percent to support dividends.
MENTIONED IN THIS ARTICLE
David Jones Ltd
Woden Plaza
Canberra
Perth
Brisbane
Fragmentary OCR item on options and meters
Readable text shows scattered terms like options and meter references, numbers, and symbols. No clear event, people, or places to anchor a coherent news item.
BMI posts slight profit rise boosted by Ready Mixed dividend
BMI reports 1972-73 net profit up 2.5 percent to 6,352,546 aided by a 350,500 extra dividend from 50 percent owned Ready Mixed Concrete Ltd. Major dividend from RMC rose 15.7 percent to 2,583,000 while BMI’s frem net profit gained 155,243. Discovery of high value tin deposits in Indonesia and NSW housing plans also noted. no dividend declared by Ready Mixed Concrete Industries Ltd.
MENTIONED IN THIS ARTICLE
Ready
Mixed Concrete Ltd
Blue Metal Industries Ltd
BMC
BMI
Sir John Austin
Indonesia
Bangka Island
Nsw
RMC
AMI and Csr Ltd
Ready Mixed Concrete Industries Ltd
Sydney
Japanese firm plans AWA refinery despite potential oil rule
Kane matsu Gosho Ltd said it has no plan to pull out of a Western Australia refinery venture with Burmah group. The $400 million project at Pithara aims to build an oil refining plant, though a Kanematsu spokesman noted the Australian Government may eventually control all North-West Shelf oil and gas production.
MENTIONED IN THIS ARTICLE
Tokyo
Aap-Reuter
Kanematsu Gosho Ltd
Western Australia
North-West
Kanematsu Gosho
Burmah Group
Britain
Pithara
Kanematsu
Savings bank housing approvals rise in August
Australian savings banks posted higher housing loan approvals in August for the first time since May, aided by an extra reporting week. Total May to August figures show lending near steady, with $131.0 million in May rising to $145.5 million in August, $126 million in July, and $129 million in June.
MENTIONED IN THIS ARTICLE
Savings Bank Housng
Bureau of Census and Statistics
Alust
Rome
Savings T O
Australian Banker’ Association Research Directorate
R. A. Cameron
Ate
Classic Australian Economy volume reviewed and noted
Warwick Bracken reviews The Australian Economy A Second Volume of Readings edited by H W Arndt and A H Boxer Cheshire 599 pp 277. The collection extends the original with contemporary commentary and broad appeal. It remains a handbook of Australian political economy with 28 papers in six groups and extensive bibliographies and indexes.
MENTIONED IN THIS ARTICLE
H. W. Arndt
A. H. Boxer
Cheshire
Warwick Bracken
Australia
Arndt and Corden
Pews Cartooms
Soci
Rees al-Siste
Also Mentioned on This Page
iAustral B. Wer
2,000 Capital Finance CO Pty Ltd
Feikie Sikeeg
Ivic
Enc
Andersom
Treasury
Mr Hayden
David Jones
Hibernian Assurance
Hibernian
Brian Thornton
Civic Building
Bunda Street
Canberra City
The
Hibernian Group
P.O
Civic Square
ACT
Pickering
London
Savings Bank
Arndt
Co‘den
A.C.T. Electricity Authority
Penge
H. A. Jones
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