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Steitincson, Hardy Profits

31st August 1962, Page 7
31st August 1962
Page 7
Page 7, 31st August 1962 — Steitincson, Hardy Profits
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PROFITS made by the Stevinson, • Hardy Group in the year ended March .31, 1962, amounted to £571,584 compared with £428,912 last year: After taxation, 'profits were '291.396 for 1962 (203,072 in 1961). To maintain increased turnover and rhythm of business, the board of directors have committed themselves to a capital expenditure of £300,000 up till the end of this year, mainly for additions to storage, depots and transport.