The following half yearly report has been made to Sydney Stock Exchange by the directors of Riverina Television Limited:
Riverina, Television Limited has continued to operate profitably, and at a higher level than for the same period in the previous year.
Expenses have been maintained within budget.
"The directors are satisfied with the progress of RVN-2 and the widespread
acceptance the station now enjoys throughout the Riverina and South West
Slopes.
An interim dividend has been declared of five per cent, and the books of the
company will close on February 22. Dividend will be payable on March 14, 1967.
Your directors are pleased that the company has reached the stage of paying dividends during the third year of operation. |