Archive : Leyland Motors Profits Lower

An unchanged Ordinary dividend of 12-5 per cent. is being paid by Leyland Motors Group trading profits for the year ended September 30 declined to £5,937,646 from £6,116,323 for 1956-57.

After charging depreciation of £1,228,550 (£1,164,204) and tax of £2,780.258 (£2,632,340), net profits emerged at £2,045,745 (£2,222,069). To general reserve is placed £1,275,000 £1,475,000). while the “carry forward” is £789,581 (£775,168).

Meeting, March 18.

Keith Adams

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