Castlemaine Perkins to issue 1 for 3 bonus shares
Brisbane brewer Castlemaine Perkins announces a tax free 1 for 3 bonus issue from asset revaluation. 4,247,383 new ordinary shares and paid capital of 16.9 million issued, doubling holders’ shares. New shares rank with existing but do not participate in the final dividend for year ending 31 July 1973. Directors expect the 1973–74 dividend rate to be at least 17.5 percent. Final year profit and dividend to be announced soon.
MENTIONED IN THIS ARTICLE
Jiift
Castlemaine
Thiess reports higher payout and 1973 profit rise
Group net profit from operations grew from 2.387 million to 2.545 million and capital profits rose from 642 thousand to 1.166 million. Total profit reached 3.711 million, up from 3.117 million, with earnings at 4.41 percent on paid capital. Turnover climbed 19 percent to 1.07 billion dollars, gross operating profit excluding increased depreciation rose to 4.978 million. Directors declared a final dividend of 8 payable December 7.
Profit Growth of A N E Up Sharply
Australia s largest steel merchant Australian National Industries Ltd reports year to June 30 net profit $3 048 510 up from $2207 one and sales up 41 to 872 million The company recommends a final dividend of 7d and total distribution to 22 from 16 The group notes six consecutive years of higher dividend and profit with substantial contributions from Coates and Co Steelmark Ltd and the Melbourne plant hire unit ANT Depreciation and leasing charges also rise while tax provision increases to 1 720 485 about 36 of pre tax profit.
MENTIONED IN THIS ARTICLE
Australia
Australian National Industries Ltd
Coates and Co Ltd
ANT
Steelmark Ltd
Steelmark
Bougainville boosts Rio Tinto Zinc profit to 122.2m
Rio Tinto Zinc reports interim profits up sharply in the first half of 1973. Bougainville mine contributions lift pre tax profit to 75.6 million pounds from 33.7 million, with sales rising to 357.3 million pounds. Directors expect higher second half profits amid stronger copper prices and broader base metals demand.
MENTIONED IN THIS ARTICLE
Rio Tinto Zinc Corporation Ltd
CRA
Bougainville
Bond Corp profits show strong year end figures
Bond Corporation Pty Ltd announced last night a net profit after taxation and minority interests of S2.186,000 to June and including a capital profit of $461,000. Net assets now stand at S24,583,000 after minority interests.
MENTIONED IN THIS ARTICLE
Bond Corporation Pty Ltd
Australia weighs end to South Africa representation at IMF World Bank
The Treasurer Mr Crean declined comment on a report Australia may abandon its role as South Africa's representative at the IMF and World Bank. Government ministers warned such a move could be made at meetings in Nairobi starting September 24. Prime Minister Whitlam backed sanctions against South Africa and criticized Australia’s conservative stance at international financial forums.
MENTIONED IN THIS ARTICLE
Crean
Australia
South Africa
International Ponetary Fund
World Bank
Nairobi
Whitlam
Robert McNamara
Rural credit expansion eyed by government officials
Credit availability in the rural sector totals about 350 million with further supplements discussed by Minister Grassley and colleagues. As of September 12, farm development loan funds show around 1 million in mayor tapping accounts and 43 million in term loans, a quarter usable by rural interests. The Reserve Bank and a 20 million special fund to the Commonwealth Development Bank augment support amid large undrawn overdraft approvals and broader rural assistance totaling 48 million nationally. The new administration inherits easy bank accommodation and existing debt among farmers.
MENTIONED IN THIS ARTICLE
Grassley
Crean
Wredt
Chasshy
Jod Fitzpatrick
SSW
House of Representatives
Tading Harks
Reserve Bank
Vel Mt Bank
Expansion at Weipa Plans Major Housing Program
Comulea Ltd announced plans to invest over 10 million in a new housing program and township development at Weipa. The expansion will be carried out in two stages during 1974 and 1975.
MENTIONED IN THIS ARTICLE
Comulea Ltd
Weipa
Higher rate set for three month call at Custom Credit
Higher rate Custom Credit Corpora ion Ltd announced yesterday that under the portion of interest rates clause in the prospectus dated August 10, 1973 the interest rate on its three month call will rise from 6.5 percent to 7.9 percent effective September 19, 1973.
MENTIONED IN THIS ARTICLE
Custom Credit Corporaion Ltd
Also Mentioned on This Page
Maine Perkins
Nea
T’hiess
South Blackwater
Queensland
Callide
Queensland Alumina Ltd
Gladstone
Thiess Tovota Pty Ltd
Leslie Thiess
Chateau Tanunda
Chateau
A.N.E
Capital Finance CO Pty Ltd
Peirie
The
Canberra Theatre Trust
Canberra Times
Ctc-Tv
2CA
Malcolm Williamson
Allene Fischer
Lois Bogg
John Wood
Nell Easton
Great Britain
Rweder
Belgium
Germany
U.S.A
Finland
Canada
Canberra Theatre
Mira Homer
Bea
SY Malcolm Williamson
R.T.Z
Hamericy
Bou
Gainville
Lorex
RT# Pillar
RTZ Borax
AM and 5 Group
Bond Corp
London
Gi Booker
Sue
Woodside
Mr Crean
Commonwealth
Wilsons
P. Rowe
John Lewis
Sekers
Cusacks
Cusack
Julie
Sisite Department
Soan
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