A Goon REPORT.
Shareholders in Liebig's Extract of Meat Company can be congratulated upon the publication of another excellent report. It covers the year up to August 31st last, and the net profit was £234,924, as compared with £204,687 for the previous year. Moreover, the profit was arrived at after allowing for the transfer of an unnamed amount to internal reserves, but as against that fact the expenses were also stated after deduction of a transfer from internal reserves. The Directors are now able to recommend a final dividend of 5s. per share, making 9s. per share, free of tax, for the year, with the large balance forward of £188,000, as compared with £183,000 a year ago. The Directors also report a further increase in the general activities of the company.
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