HUDSON MOTOR'S BIG YEAR |
---|
Topics: Hudson
|
The New York Times
25 December 1925
The annual report of the Hudson Motor Car Company for the year ended Nov. 30 shows net income of $21,378,504, a new high record in the history of the company. This is after allowing for all expenses and reserves for depreciation, Federal taxes and other accounts. It was equal to $16.19 a share earned on the 1,320,150 shares no par value capital stock. In the previous fiscal year the company reported net income of $8,073,458, equal to $6.11 a share.
The general balance sheet showed total current assets valued at $39,839,253, including $23,714,815 cash and Government bonds and current liabilities aggregating $11,722,552.