We are informed by the Shanghai Dock & Engineering Ca., Ld., that the net profits for the year ended April 30, 1922, including the amount brought forward from last year, amount to Tls. $34,585.82. Deducting the interim dividend of Tls. 3 per share, there remains for distribution Tls. 668,985.82 which the directors will recommend at the forthcoming annual meeting be dealt with as follows:—
Tis. Pay a final dividend of Tls. 7 per share (making Tls. 10 for the year), absorbing 386,400.00 Add to special reserve account, bringing it up to Tis.
1,250,000 100,000.90 Add "to depreciation account, bringing it up to Ts.
,000 115,000.00 Carry to nex account 67,585.82
Text read from the printed page and cleaned; old type leaves the occasional error.