ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Associated Bearing

ASSOCIATED BEARING earned a stantial expansion into industrial higher gross profit on increased sales, licorices. The company's liquidity posi- but experienced contraction of margins. tion improved considerably and borrow- Even so, dividend has been stepped up ings from banks were at a lower level from 17.5 per cent to 22 per cent and last year. For certain periods,

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