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FISHER BODY PROFITS.
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FISHER BODY PROFITS.
The New York Times
November 29, 1922
Reports $2,852,964, or $5.70 a Share for Third Quarter of 1922.
The Fisher Body Corporation for the three months ended Oct. 31, 1922, reports surplus earnings of $2,852,965, which, after allowing for dividends on the preferred stock, equals $5.70 a share on 500,000 common shares of no par value. In the same period last year the company earned $1,939,541, or $3.75 a share. The detailed statement for the quarter ended Oct. 31, 1922, which includes returns of all subsidiary companies except the Ohio Company, follows:
| 1922. | 1921. | 1920. |
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| Net after depr. | $3,432239 | $2,542,674 | $4,093,149 |
| Interest....... | 162,614 | 171,065 | 282,871 |
| Fed. taxes, &c.. | 416,661 | 432,128 | 1,219,127 |
| Surplus.... | $2,852,964 | $1,939,541 | $2,591,151 |
For the half year ended Oct. 31 the company reports profits equal to $9.16 a share on the common stock, against $6.06 a share in the same period in 1921. The figures follow:
| 1922. | 1921. | 1920. |
|---|
| Net after deprec. | $5,569,275 | $4,263,317 | $7,776,791 |
| Interest....... | 329,608 | 398,592 | 566,170 |
| Fed. taxes, &c. | 653,270 | 712,948 | 2,387,917 |
| Surplus.... | $4,586,394 | $3,151,777 | $4,812,704 |
The Fisher Body Ohio Company, for the quarter ended Oct. 31, 1922, reports earnings of $329,293 after taxes, depreciation and charges, equal to $1.29 a share on the 100,000 shares of common stock outstanding, after allowing for preferred dividends.
