1 AUGUST 1925, Page 26

MAncom FINANCE.

The Report of the Marconi Wireless Telegraph Company for the past, year shows a steady expansion in receipts which have advanced from 1553,000 to 2642,000, the net profit also rising from £173,000 to 1226,000. The Ordinary dividend of 10 per cent. is maintained, but it should be noted that the final distribution required about £25000 more than the interim dividend, owing to an increase in the capital, and there is a reduction in the balance carried forward. The Report also refers to a further writing down of assets, for which purpose an amount is to be taken from the Reserve, that fund, however, to receive an addition in respeet of the premium on the new issue of shares which was offered.