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Profits up

19th July 1980, Page 23
19th July 1980
Page 23
Page 23, 19th July 1980 — Profits up
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Which of the following most accurately describes the problem?

_OUGHBOROUGH coach lealer W. S. Yeates Ltd eported a £968,000 profit or the six months ending 30 ‘pril 1980.

Despite the present particuarly difficult trading conditions„ :ompany chairman Charles D. 'eates told shareholders that )rof its have increased but that it vould be wrong "to understate he great change in trading conlitions that has taken place hiring the last twelve months.

He did look forward to a ;atisfactory full year's results ind is optimistic about the nediumand long-term pro;pects for the Group.

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