The Archive · 1899

The Hongkong and Whampoa Dock Co

The report just issued for the half ended 30th June is the record shown, The net profit, including brought forward from last report, amounts to $815,442.53 (verging clos ly on a milli dollars); out of this, after p ment of fees, the Board recommend a dividend of 8 per cent for the half-year, a boas of cent, a bonus of $20,000 1) contributing shareholders, that $100,000 be added to Reserve Fund, that $72,45¢ 51 be written from value of the Kowloon Di cks, $12,420. from that of the Cosmopolita Dock, $4,5 from that of steam-launches, and the enormous balance of $365,80442 (more than Mlicient for the payment of a 20 per c idend) be carried to new account. report adds, what must be the six months under review hi igstt in the annals of the Company are uow, I believe, enjoying a compa rest, though well employed still.

Text read from the printed page and cleaned; old type leaves the occasional error.

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