A.W.A.’s Annual Report
p. 18 · Read in the full issue
Amalgamated Wireless (Australasia) Ltd., who are responsible for the efficient wireless communi cation between Australia and a large section of the Pacific Islands (particularly New Guinea, Papua, and Fiji) disclosed a profit of £137,933/16/5 for the year, at the 26th ordinary general meeting held on October 22. This huge company during the year distributed in wages to its Australian employees over £300,000, and was responsible for more than £160,000 of revenue to various Govern ments in Australia and the Islands. Mr. E. T.
Fisk, chairman of directors, made reference to the rapid advance of wireless communication, and ad vised shareholders to maintain large reserves in order to cope with possible future developments in radio.
