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Mr. Trotter
asked the Secretary of State for Industry what is his estimate of the turnover and profit or loss for Govan Shipbuilders in the current year.
Mr. Meacher
The latest year for which figures are available is the year ended 27th December 1974. The company estimates that the work done during that year had a contract value of about £23 million. Losses are expected to be about £5¾ million. Audited accounts should be available by about May 1975.