RAS-1984 — Page 208

RASHKB Journal 皇家亞洲學會香港分會學刊 All AI Reviewed

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187

financial return.

Using costs and prices as at November, 1978, the following results are obtained:

Income

Shrimps $HK41,700

Crabs 4,500

Freshwater fish 25,250

Marine fish 24,750

Total income 96,200

(NB. Because of concern over population by heavy metals, oysters from the region of Hau Hoi Wan were almost unsaleable at this time).

Expenses

Rent (per annum) $HK11,000

Fish harvests 600

Ice 90

Transportation 1,800

Other, including fuel 300

Total expenses 13,790

Gross profit $82,410

At this time the exchange rate was HK$4.80 = US$1, and the Hang Seng Consumer Price Index for December 1978 was 126 for all items, and 122 for foodstuffs; the baseline of 100 referred to July 1973 to June 1974 (Anon, 1979).

Thus, operation of a single kei wai yielded a gross income of about $6,800 per month which appeared to be a satisfactory income. However, our year of study was likely to show an unusually high income because it was the last year of the current 7-year lease whereas returns related to the current period. We were informed that the rental would be raised to about $31,000, which would make operation of the kei wai a much less rewarding occupation.

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187 financial return. Using costs and prices as at November, 1978, the following results are obtained: Income Shrimps $HK41,700 Crabs 4,500 Freshwater fish 25,250 Marine fish 24,750 Total income 96,200 (NB. Because of concern over population by heavy metals, oysters from the region of Hau Hoi Wan were almost unsaleable at this time). Expenses Rent (per annum) $HK11,000 Fish harvests 600 Ice 90 Transportation 1,800 Other, including fuel 300 Total expenses 13,790 Gross profit $82,410 At this time the exchange rate was HK$4.80 = US$1, and the Hang Seng Consumer Price Index for December 1978 was 126 for all items, and 122 for foodstuffs; the baseline of 100 referred to July 1973 to June 1974 (Anon, 1979). Thus, operation of a single kei wai yielded a gross income of about $6,800 per month which appeared to be a satisfactory income. However, our year of study was likely to show an unusually high income because it was the last year of the current 7-year lease whereas returns related to the current period. We were informed that the rental would be raised to about $31,000, which would make operation of the kei wai a much less rewarding occupation.

Baseline (Original)

187 financial return. Using costs and prices as at November, 1978, the following results are obtained: Income Shrimps $HK41,700 Crabs 4,500 Freshwater fish 25,250 Marine fish 24,750 Total income 96,200 (NB. Because of concern over popullation by heavy metals, oys- ters from the region of Hau Hoi Wan were almost unsaleable at this time). Expenses Rent (per annum) Fish harvests $HK11,000 Fisherman 600 Ice 90 Transportation 1,800 Other, including fuel 300 Total expenses 13,790 Gross profit $82,410 At this time the exchange rate was HK$4.80 = US$1, and the Hang Seng Consumer Price Index for December 1978 was 126 for all items, and 122 for foodstuffs; the baseline of 100 referred to July 1973 to June 1974 (Anon, 1979). Thus, operation of a single kei wai yielded a gross income of about $6,800 per month which appeared to be a satisfactory in- come. However, our year of study was likely to show an unusually high income because it was the last year of the current 7-yearlease whereas returns related to the current period. We were informed that the rental would be raised to about $31,000, which would make operation of the kei wai a much less rewarding occupation.

2026-05-13 02:04:46 · Baseline

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187

financial return.

Using costs and prices as at November, 1978, the following results are obtained:

Income

Shrimps

$HK41,700

Crabs

4,500

Freshwater fish

25,250

Marine fish

24,750

Total income

96,200

(NB. Because of concern over popullation by heavy metals, oys- ters from the region of Hau Hoi Wan were almost unsaleable at this time).

Expenses

Rent (per annum)

Fish harvests

$HK11,000

Fisherman

600

Ice

Transportation

1,800

Other, including fuel

300

Total expenses

13,790

Gross profit

$82,410

Thus, operation of a single kei wai yielded a gross income of about $6,800 per month which appeared to be a satisfactory in- come. However, our year of study was likely to show an unusually high income because it was the last year of the current 7-yearlease whereas returns related to the current period. We were informed that the rental would be raised to about $31,000, which would make operation of the kei wai a much less rewarding occupation.

RAS-1984 — Page 208

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