5 NOVEMBER 1937, Page 43

* * * * E .M.I . RESULTS.

These for the past year are quite excellent, the net profit f Electrical and Musical Industries having risenfrom £266,789 £363,964. The Directors, however, have merely main- rained the dividend on the Ordinary shares at io per cent., provision for income tax being raised from £20,0oo to (Continued on page 828.)

FINANCIAL NOTES

(Continued from page 827.)

£50,000, while the greater part of the increase in net profits has been carried forward, that figure being £277,334 as against £201,872 a year ago. E.M.I. is, of course, a holding company and the subsidiaries have again handed over their profits in dividends, the total of which was £361,280 as against £254,446 in the previous year.