Burns Philp Profits
p. 127 · Read in the full issue
rHE accounts of Burns Philp & Co., Ltd., and Burns Philp south Sea) Ltd., both show profit icreases in the year ended March 1; but both say that this was made i spite of the higher and embarrass ig costs of operation.
The parent Co. made £332,734 £17,470 better than last year) and gain distributed 12i per cent.; and ie South Sea Co. made £99,573 ip £3,132) and pays 10 per cent.
The South Sea Co. is interested 'holly in Islands trading; but a very irge section of the parent Co.’s perations now is concerned with en ;rprises—especially retail store dis ibution—in Australia. The Co. wns chain stores throughout the Eastern Australian States.