PROFIT of Guilders 242,747.85 was shown in a very satisfactory report, at the 3ist annual general meeting of the Kroewoek Java Plantations Ltd., held at 49 Szechuen Road yester-when a final dividend of fifteen cents per share was declared, making 40 cents per share for the year. Mr. A. J. Welch, chairman, presided, supported by Messrs. R.G. Macdonald, H. Kadoorie, Fox, directors and Mr. G. A. Smith, representing J. A. Wattie & Ca. Ltd., secretaries and general managers.
Shares present and represented totalled 511,000, Immediately following the above meeting an extraordinary meeting was held to make certain alterations the articles of association.
The chairman in his speech said:—The working account of the Java Company shows a profit of Guilders 242,747.85 as compared with a profit lst year of Guilders 125,208.42, This increased profit is mainly due to the fect that the average net _price realized for our product was 623 Guilder cents per pound higher than was Test year and the output of Rubber was 150,784 Ib, greater but fon the other hand the expenditure fon revenue account was 3/10ths of a cent per pound larger.
Text read from the printed page and cleaned; old type leaves the occasional error.