23 AUGUST 1935, Page 30

FILM PROFITS.

The excellent profits secured by the Associated British Picture Corporation for the past year exceeded market expect tations. The trading profit showed an increase for the year of over £83,000, while the dividend was raised from 6 to 10 per cent. Moreover, before paying the dividend, the sum, of £125,000 was placed to the Reserve for Depreciation and £162,806 to the General Reserve, bringing that Fund up td £1,000,000. The balance-sheet, too, is a strong one, showing a holding of Cash of over £180,000. On the dividend announce- ment the 5s. shares rose to about 9s., at which price the present yield is a little over 5i per cent.

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