Doubled profits
10th November 1972, Page 31
10th November 1972
Page 31
Page 31, 10th November 1972
— Doubled profits
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• Mitchell Cotts Transport Ltd finished the year ended June 30 1972 with pretax profits of £609,732 (1971: £343,143), this giving a tax-paid profit, at £392,808, of nearly double that of the previous year. The 1971 comparative figures do not include the £113,742 profit from Camomile Investments Ltd (the company transferred to Mitchell Cotts in July 1971), and therefore the profits for the year ended June 1972 show a rate of internal growth of 33.5 per cent.