There can be a whole host of reasons for the apparent low numbers.
Were the numbers corrected to allow for environmental conditions of the day and for that matter, when the 'base engine' that it was modeled off was tested, were those numbers corrected ?
How's the front wheels tracking ?
What condition are the front wheel bearings ?
Was there good air pressure in the tyres ?
What condition is the Gearbox in ?
Also, The way that so many of these blocks (in particular) were machined in the factory is ~ OK ~ to down right poor. I had an early totally stock and unopened A+ 1275 years ago that wouldn't pull the skin off a rice pudding, 998's would leave it standing. On stripping it down and going over everything, the machining accuracy and set up was very poor. The biggest killer of the power from that engine was that the bores were all crooked, but there were many other issues. Once corrected, it became a whole new engine all together.
The way that many machine shops set up and machine engines for reconditioning (and even for performance), any errors, like crooked bores or out of phase cranks, will only be replaced when items are fresh machined, one often has to ask to have issues like firstly found and then sorted on the machining process, not all shops are prepared or set up to do them in such a way.
So, what I'm getting at with that long winded piece is - how good was the machining accuracy ?