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Film Group's! Steady

Net Profit

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-

tures.

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

as follows:

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.

Digitisation generously supported by
Vincent Fairfax Family Foundation
Digitisation generously supported by

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