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Film Group's! Steady
Major operating companies of the Greater Union Theatres eroup earned a steadv net pro- ut of £134,684 'in 194«. (£13-i.640in 1947.)
The result was announced yes- terday by the chairman of Great
I Union Theatres Pty. LtrL. Mr. N.
B. Rydge. 2t the annual meetings of the four holding companies Wests's, Spencers, Gtr. J. D. Wil- liams, and Amalgamated Pic-
Automatic Film Laboratories Pty. Ltd. is now in the group of operating companies. The com- pany was acquired on July 1. 19¿S, and profits cover the half year io December 31.
Aggregate trading result of the group «as £149,637, made up
Year ended Dec. 31
1947 1948 £ £
Gtr. Untos . F0.2W 86.168 Union Th. Ini. 42.4*9 39.176 Cinesound . 6.012 3J55 Bra. Erap. Fums . 14^103 3.S3» Net. Th Supplv .... 4.1J6 7.203 Sixteen M'metre . 1.561 6^12 Auto. Füa Libs. .. - «3.6S4
. Half year.
Dividends totalling £100,000
have been declared from Greater Union Theatres-5 per cent, pre- ference £25.000, ordinary un- changed, £75.000.
All the preferences and half the ordinary shares are held by the holding companies, which re- ceive £62,500 in dividends.