Report and Accounts for Year Ending December 31
Increased Revenue: Production Cost Lowered and, Still Further Reductions Anticipated teats were made by the Chinese Authorities in the case of new fain te pond, Setenent timite The "equipment ofthe last four Tania Biter constructed in. 1926. The extension to. the Tain once Inuildings The completion. of) the aeduisition of 7.690 mow of land, The directors of the Shanghai Waterworks Ca, Ltd Auliowing report and an minut of accounts for the year ends ing December $1, to shareholders. The annual meeting is called for March 26 at the head office of the company at noon, for depreciation on Plant and paying interest on the nett profit on Intra-Agreement Consumers' Account for the year is Ts,.976,217.20. fo this must be added Tis, 656.77 brought forward making a total of 71
Srarr.—Our relations our Chinese stall is entirely satisfactory and we have had no labour troubles during the year.
The foreign staff now numbers za, Hessian 17 and. the permanent Glinese approximately £00, 'The revenue on 'An Interim dividend out of the consumers' account mounts to Ths, profits on Intra-Agreement Con SHANGHAI WATERWORKS, 2.347,090.20 as against Tis, 1,902, tot 10s. per "A" 517.19 in 1927 and the balance of
Text read from the printed page and cleaned; old type leaves the occasional error.