Pointer profit up again
31st May 1968, Page 31
31st May 1968
Page 31
Page 31, 31st May 1968
— Pointer profit up again
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• Gross trading profits of Pointer Group Holdings Ltd. for the year ended December 31 1967 rose to a new record of £781,048 from the previous record figure of £646,975 in 1966. This despite the fact that the year was—in the words of the chairman, Mr. Peter Pointer—one of the most difficult the group had experienced.
Provision for depreciation also rose to a new record of £437,917, and after deduction of that, net profit after all charges except taxation was £343,131 (1966: £276,652).