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AIRLINE HAS
PROFIT JUMP
SYDNEY, Monday. -
East-West Airlines Ltd's
profit jumped from £10,104
to £15,308 in the financial
year ended June 30 last
directors have announced in
a letter to the company's
shareholders.
Profit before tax was a
record £24,576 compared
with £17,852 the previous
year.
Depreciation provision was
£46,673 (last year £20,841).
Directors have recom
mended payment of a seven
per cent dividend on ordin
ary and preference shares.
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