KAYCEE INDUSTRIES earned a lower profit last year compared to the preceding one, though sales were higher. This outcome occurred on all-round increase in costs which could not be. matched by increase in selling prices. Dividend is maintained and is still covered two-fold by earnings.
EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.
Comments
EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.