26 JUNE 1926, Page 32

PUBLISHER'S PROFITS.

For some few years the Annual Reports of George Newnes have shown good results and the figures for last year are thoroughly satisfactory, the profits having risen further from £99,963 to £116,000 and this after providing for deprecia- tion. A year ago there was a bonus issue of Ordinary Shares, but in spite of that fact the Directors have been able to main- tain the dividend of 15 per cent. and to pay a cash bonus of 5 per cent., a distribution which is really equal to 30 per cent. on the old capital. A further 110,000 has been placed to Reserve, a similar amount to Pension Fund and the carry- over has been increased from £36,915 to £41,453.

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