Maidstone Profit Down
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TRADING profit of 141aidsione an I District Motor Services. Ltd., for th year ended March 31 last was down o the previous year, but the chairman, MI R. P. Beddow, told the annual genera meeting of the company that it may b felt that the results for the year were nc disappointing.
After referring to heavy additions t the company's operating costs during th year, Mr. Beddow said: " I think I shout point out that the fall in last year's profit does not fully reflect the downward tren of our passenger carrying experienced far this year. The first quarter of 196 has shOwn a deterioration in loadings an a shortfall in our estimated receipts, s that when the company was advised c another increase in wages it was necessar to increase fares."
Mr. Beddow added, however, that th company's extended tours section cor tinued to develop.
During the year the company placed 6 new vehicles in service, among them 1 77-seater, front-entrance double-deeken 30 40-seater pay-as-you-enter. dual-put pose single-deckers and 20 41-seate coaches.