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LUT profit up

24th April 1970, Page 32
24th April 1970
Page 32
Page 32, 24th April 1970 — LUT profit up
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• Lancashire United Transport Ltd had continued its vehicle replacement policy, ensuring that the fleet—some 400 vehicles—had an average age comparing favourably with the general level in the industry, says the chairman, Mr G. F. F. Davies, in his statement for the year ended December 31 1969. Profit after taxation amounted to £128,442, compared with £108,402 for the previous year