Mixed trading on Sydney Stock Exchange clears gains
Trading closed quiet and mixed on the Sydney Stock Exchange with most shares easing from opening levels. Big movers included BHP down 6c to 7.50, Western Mining down, and leading miners mixed while retailers edged higher and oil and mining sectors showed uneven gains and losses.
MENTIONED IN THIS ARTICLE
Sydney Stock Exchange
Yester
Busk
Nsw
EZ Iedustries
BHP
Anate
Leighton
Bank of Carton
Young profit up 27.9 percent to 1.5 million
J. B. Young Hold reports 48 weeks to July 26 1972 with profit up 27.9 percent to 1.5 million after a large second-half sales surge. Provision for tax rises to 1,549,000 and a 259,000 ration. interim dividend 74 percent on capital, plus a 1-for-2 bonus issue. final dividend to be announced October 16. Capital profit from surplus property sales not included.
MENTIONED IN THIS ARTICLE
J. B. Young
Gen Credits profit leap fuels group earnings rise
General Credits Holdings Ltd reports a surge in group net profit to 4,128,172 for the year to June 30, driven by a subsidiary recovery from a 2,623,600 base. The profit margin hit 37.9 percent on issued capital, with after tax provisions and goodwill adjustment noted. The insurance arm AFG Insurances Ltd reversed a prior $453,723 loss to post 432,970.
MENTIONED IN THIS ARTICLE
General Credits Holdings Ltd
Commercial Bank of Australia Ltd
AFG Insurances Ltd
Reorganisation of Company Activities Emphasizes Motor and Workers' Comp
Reports indicate a restructuring across all states prioritizing motor and workers' compensation business after substantial losses. The emphasis shifts to efficiency and risk management amid financial strain.
Mcllwraith records best year for John Mcllwraith Industries Ltd
Australia’s largest plumbing and builders’ requisites supplier, John Mcllwraith Industries Ltd, posted a record year to June 30 with net profit of 1,804,605. This was up 20.11 percent from 1971-72 and surpassed the prior record. A major asset revaluation boosted total assets and shares in other companies by over 4.18 million. Ordinary shares at 15 percent dividend rate and a final dividend of 74 percent are noted for October 12. Profit after depreciation and tax reached 522,484 and 1,562,734 respectively.
MENTIONED IN THIS ARTICLE
John Mcllwraith Industries Ltd
Australia
Gene Thas
OPSM Industries profits lift. dividends eyed after share issue
OPSM Industries Ltd reports for year ended June 36 a consolidated net profit of 1,556,290 up from 1,238,670. After tax of 1,481,091 and depreciation of 292,492, directors plan a final 9 percent dividend and a 1-for-2 May bonus boosted total to 16 percent for the year.
MENTIONED IN THIS ARTICLE
Opsm Industries Ltd
Homebush sales show stronger demand for lambs and suckers
A total of 1,689 plain to good quality sheep were in the Homebush yard, with lambs and suckers in strong demand and prices lifting. Old lambs rose 40c to 60c, cattle yarding 1,700 with 1,296 sold liveweight, prices mostly down or mixed with firmer closes.
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Teothe
Waltoms
Weel Rams Ic
Cotes
WMC
Arket Weader Rep
Thes Call Isaig Aer
Widsenay Eke Shoes
W. E. Carpenter
Brewer Castle
Pevrkiss
Broken
Lost Sc
Maleg Porkies Cc
Queensland Press
Plemeer Geger Sc
Bongalsvills Copper
Sims Bf
F . Melee
Vanguard Marley Soc
Ing Soc
Sr Vincellow
Vulcan
Arony
Walker
Wourten Walters
Walid Ak
Abc
Bevel Ff
Bacon
Alors
Fefowert Fares
Seine Tos Pet
Uieh Mung Jen
Wen Coll
Iy Mining
Salt Aia
Nichal Koengen
Rei Mais
Barret
Senos
Beter
Sean
Wes
Ak Ee
Mcllwraith
Kurts
Peter Kurts Properties
Io Eaming
Ee Return Om
Acca
T Profit
Homebush Sales
Hme
Rwy
Tolty
Siam
Bemeems Bey
Biden
Erengss eBtranica
Iim Dea
Ema
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