20 APRIL 1929, Page 32

APOLLINARIS.

In considering the report just published of Apollinaris & Johannis, Ltd., it must be noted that it covers a period of nine months, as compared with twelve months, owing to a change having been made with regard to the date of the closing of the financial year. It is quite clear, however, that profits are on the ascending scale, the figure for the nine months of £05,225 being greater in proportion than those of the previous financial year. For the past nine months the dividend is on the basis of per cent. for twelve months, as compared with 1 per cent. a year ago, the dividend being then for a whole year. There is also an increase of over £5,000 in the carry forward.

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