15 FEBRUARY 1935, Page 36


The annual report of Harrods, Ltd., has yet to be issued, but the preliminary statement shows that during the year ending January 31st last the net profit was £708,900, as compared with 1691,602 in the - 'previous year and with 1638,649 in the year 1932-33. The total dividend on the Ordinary capital, which remained unchanged a year ago, is now increased from 15 to 16 per cent., the final payment recommended being 11 per cent. against 10 per cent. The company's general reserve remains at the satisfactory level of £1,000,000, while a further £20,000 has been added to the special reserve account, . and the .balance carried forward is increased from £126,746 to £146,215.