* * * *
GUEST, KEEN'S RESULTS.
Yet another industrial concern to show good results for the past year can be cited in the case of Guest, Keen and Nettle- folds, Limited. For the year ending March 31st last, the profits, including dividends and interest on the Company's holdings, amounted to £426,461, which compares with only £233,942 in the previous year. The directors record a decided improvement in Home Trade and attribute it to our National fiscal policy. The directors are now able to pay 6d. per share, free of tax, on account of the arrears on the Second Preference shares, leaving, however, two years' arrears outstanding to March 31st last. The Company is pursuing the prudent policy of keeping large funds in hand, and after making the increased payments there is a balance forward of 2.448,950.
Previous page