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United Transport Have Good Year

3rd August 1962, Page 33
3rd August 1962
Page 33
Page 33, 3rd August 1962 — United Transport Have Good Year
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CONSOLIDATED net profit, before tax, of £1,610,652—a record figure; achieved by the United Transport , Ltd., group in 1961. The net profit ;1* tax was £849,280. In his report as irman, Mr. John H. Watts said that ing the year over £250,000 had been nt on new vehicles for the transport :rests in this country; the policy of

keeping the fleet completely up to date was being continued.

He commented that the acquisition of Bulk Liquid Transport, Ltd., for £600,000 earlier this year would provide means for considerable development especially if the U.K. joined the Common Market; the purchased company runs about 70 vehicles in Britain and on the Continent.