In 1931, D. H. Evans and Co., which is a
subsidiary of Harrods Ltd., was able to raise its dividend to 30 per cent., and, what is more, it has held that level since, notwithstanding the periods of depression. This is largely due to the strength of the position which had been built up, when large sums were put aside first to rebuilding, and later on to increase the balance carried forward. - As a consequence, the position has permitted the dividend in the last three years to be slightly above the net profits, and still without reducing the carry forward below what it was a few years ago. The net profit for the past year was £104,446, against £102,092.