The Archive · 1938

Kroewoek Java Plantations

Increased Profits Shown Due Better Rubber Prices

'The Anmual Meeting of the Kroeweek Java Plantations Ltd, was held on Mar. 14 at 93 Canton' Road, Mr. A. J. Welch presided, supported by' Messrs. H, Kadoorie' and R. G. Macdonald, Directors, Holders "of 524,000 shares. were represented at the meeting. The chairman. in his speech said:

The Working Account of the Dutch Company shows a profit of Guilders 208,710.19 as compared with a profit ast year of Guilders 72,350.85.

This increased profit is_mainly due to the fact that the average net price realized for our product was '920 Guilder cents per " pound higher than it was last" year" and the output of Rubber was 257,500 bs. greater whilst, onthe other hand, the expenditure on Revenue Account was 224 cents per pound higher.

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

Your account