2 MARCH 1929, Page 52


The prosperity of Harrods grows steadily and the Repo recently issued confirms the good impreSsion which had produced by the fact that on an increased capital the direct, had been able to maintain the 20 per cent. dividend. T Report now shows an increase in gross profits for last year £327,000, and in net profits of nearly £50,000. It is pain out, moreover, that during last year the full beUefit was Secured from the investment in D. IL Evans and Company only the interim dividend coming into the accounts no published. The balance sheet is a good one as regards t strength of cash and investments, while the- balance form has been slightly increased.

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