Chapter 429 Quarterly Financial Report

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【Anti-theft Sticker Chapter】

In July and August, Simon focused much of his energy on the Westeros System's financial reports for the second quarter of 1991.

Because the company has doubled in size and is in the early stages of the merger, it was not until August 21 that the first quarterly earnings report after the merger of Daenerys Entertainment and MCA was finally released.

In the three months from April to June 1991, the new Daenerys Entertainment Group had a total quarterly revenue of $1.93 billion, which was second only to Time Warner Group with an annual revenue of 10 billion yuan and ranked second among the seven Hollywood companies.

However, compared with the huge profits in the same period last year, this time, because of the employee layoffs, debt repayment, asset write-downs and other behaviors in the merger process of the two companies, Daenerys Entertainment's after-tax net profit in the second quarter was only a paltry $28 million.

The completion of a large M&A often means a huge loss that lasts for a year or two, as has been the case with Time Warner in the last two years.

As a result, Simon is generally pleased with the results.

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In July and August, Simon focused much of his energy on the Westeros System's financial reports for the second quarter of 1991.

Because the company has doubled in size and is in the early stages of the merger, it was not until August 21 that the first quarterly earnings report after the merger of Daenerys Entertainment and MCA was finally released.

In the three months from April to June 1991, the new Daenerys Entertainment Group had a total quarterly revenue of $1.93 billion, which was second only to Time Warner Group with an annual revenue of 10 billion yuan and ranked second among the seven Hollywood companies.

However, compared with the huge profits in the same period last year, this time, because of the employee layoffs, debt repayment, asset write-downs and other behaviors in the merger process of the two companies, Daenerys Entertainment's after-tax net profit in the second quarter was only a paltry $28 million.

The completion of a large M&A often means a huge loss that lasts for a year or two, as has been the case with Time Warner in the last two years.

As a result, Simon is generally pleased with the results.

In July and August, Simon focused much of his energy on the Westeros System's financial reports for the second quarter of 1991.

Because the company has doubled in size and is in the early stages of the merger, it was not until August 21 that the first quarterly earnings report after the merger of Daenerys Entertainment and MCA was finally released.

In the three months from April to June 1991, the new Daenerys Entertainment Group had a total quarterly revenue of $1.93 billion, which was second only to Time Warner Group with an annual revenue of 10 billion yuan and ranked second among the seven Hollywood companies.

However, compared with the huge profits in the same period last year, this time, because of the employee layoffs, debt repayment, asset write-downs and other behaviors in the merger process of the two companies, Daenerys Entertainment's after-tax net profit in the second quarter was only a paltry $28 million.

The completion of a large M&A often means a huge loss that lasts for a year or two, as has been the case with Time Warner in the last two years.

As a result, Simon is generally pleased with the results.

In July and August, Simon focused much of his energy on the Westeros System's financial reports for the second quarter of 1991.

Because the company has doubled in size and is in the early stages of the merger, it was not until August 21 that the first quarterly earnings report after the merger of Daenerys Entertainment and MCA was finally released.

In the three months from April to June 1991, the new Daenerys Entertainment Group had a total quarterly revenue of $1.93 billion, which was second only to Time Warner Group with an annual revenue of 10 billion yuan and ranked second among the seven Hollywood companies.

However, compared with the huge profits in the same period last year, this time, because of the employee layoffs, debt repayment, asset write-downs and other behaviors in the merger process of the two companies, Daenerys Entertainment's after-tax net profit in the second quarter was only a paltry $28 million.

The completion of a large M&A often means a huge loss that lasts for a year or two, as has been the case with Time Warner in the last two years.

As a result, Simon is generally pleased with the results.

In July and August, Simon focused much of his energy on the Westeros System's financial reports for the second quarter of 1991.

Because the company has doubled in size and is in the early stages of the merger, it was not until August 21 that the first quarterly earnings report after the merger of Daenerys Entertainment and MCA was finally released.

In the three months from April to June 1991, the new Daenerys Entertainment Group had a total quarterly revenue of $1.93 billion, which was second only to Time Warner Group with an annual revenue of 10 billion yuan and ranked second among the seven Hollywood companies.

However, compared with the huge profits in the same period last year, this time, because of the employee layoffs, debt repayment, asset write-downs and other behaviors in the merger process of the two companies, Daenerys Entertainment's after-tax net profit in the second quarter was only a paltry $28 million.

The completion of a large M&A often means a huge loss that lasts for a year or two, as has been the case with Time Warner in the last two years.

As a result, Simon is generally pleased with the results.

In July and August, Simon focused much of his energy on the Westeros System's financial reports for the second quarter of 1991.

Because the company has doubled in size and is in the early stages of the merger, it was not until August 21 that the first quarterly earnings report after the merger of Daenerys Entertainment and MCA was finally released.

In the three months from April to June 1991, the new Daenerys Entertainment Group had a total quarterly revenue of $1.93 billion, which was second only to Time Warner Group with an annual revenue of 10 billion yuan and ranked second among the seven Hollywood companies.

However, compared with the huge profits in the same period last year, this time, because of the employee layoffs, debt repayment, asset write-downs and other behaviors in the merger process of the two companies, Daenerys Entertainment's after-tax net profit in the second quarter was only a paltry $28 million.

The completion of a large M&A often means a huge loss that lasts for a year or two, as has been the case with Time Warner in the last two years.

As a result, Simon is generally pleased with the results.

In July and August, Simon focused much of his energy on the Westeros System's financial reports for the second quarter of 1991.

Because the company has doubled in size and is in the early stages of the merger, it was not until August 21 that the first quarterly earnings report after the merger of Daenerys Entertainment and MCA was finally released.

In the three months from April to June 1991, the new Daenerys Entertainment Group had a total quarterly revenue of $1.93 billion, which was second only to Time Warner Group with an annual revenue of 10 billion yuan and ranked second among the seven Hollywood companies.

However, compared with the huge profits in the same period last year, this time, because of the employee layoffs, debt repayment, asset write-downs and other behaviors in the merger process of the two companies, Daenerys Entertainment's after-tax net profit in the second quarter was only a paltry $28 million.

The completion of a large M&A often means a huge loss that lasts for a year or two, as has been the case with Time Warner in the last two years.

As a result, Simon is generally pleased with the results.

In July and August, Simon focused much of his energy on the Westeros System's financial reports for the second quarter of 1991.

Because the company has doubled in size and is in the early stages of the merger, it was not until August 21 that the first quarterly earnings report after the merger of Daenerys Entertainment and MCA was finally released.

In the three months from April to June 1991, the new Daenerys Entertainment Group had a total quarterly revenue of $1.93 billion, which was second only to Time Warner Group with an annual revenue of 10 billion yuan and ranked second among the seven Hollywood companies.

However, compared with the huge profits in the same period last year, this time, because of the employee layoffs, debt repayment, asset write-downs and other behaviors in the merger process of the two companies, Daenerys Entertainment's after-tax net profit in the second quarter was only a paltry $28 million.

The completion of a large M&A often means a huge loss that lasts for a year or two, as has been the case with Time Warner in the last two years.

As a result, Simon is generally pleased with the results.

In July and August, Simon focused much of his energy on the Westeros System's financial reports for the second quarter of 1991.

Because the company has doubled in size and is in the early stages of the merger, it was not until August 21 that the first quarterly earnings report after the merger of Daenerys Entertainment and MCA was finally released.

In the three months from April to June 1991, the new Daenerys Entertainment Group had a total quarterly revenue of $1.93 billion, which was second only to Time Warner Group with an annual revenue of 10 billion yuan and ranked second among the seven Hollywood companies.

However, compared with the huge profits in the same period last year, this time, because of the employee layoffs, debt repayment, asset write-downs and other behaviors in the merger process of the two companies, Daenerys Entertainment's after-tax net profit in the second quarter was only a paltry $28 million.

The completion of a large M&A often means a huge loss that lasts for a year or two, as has been the case with Time Warner in the last two years.

As a result, Simon is generally pleased with the results.

In July and August, Simon focused much of his energy on the Westeros System's financial reports for the second quarter of 1991.

Because the company has doubled in size and is in the early stages of the merger, it was not until August 21 that the first quarterly earnings report after the merger of Daenerys Entertainment and MCA was finally released.

In the three months from April to June 1991, the new Daenerys Entertainment Group had a total quarterly revenue of $1.93 billion, which was second only to Time Warner Group with an annual revenue of 10 billion yuan and ranked second among the seven Hollywood companies.

However, compared with the huge profits in the same period last year, this time, because of the employee layoffs, debt repayment, asset write-downs and other behaviors in the merger process of the two companies, Daenerys Entertainment's after-tax net profit in the second quarter was only a paltry $28 million.

The completion of a large M&A often means a huge loss that lasts for a year or two, as has been the case with Time Warner in the last two years.

As a result, Simon is generally pleased with the results.

In July and August, Simon focused much of his energy on the Westeros System's financial reports for the second quarter of 1991.

Because the company has doubled in size and is in the early stages of the merger, it was not until August 21 that the first quarterly earnings report after the merger of Daenerys Entertainment and MCA was finally released.

In the three months from April to June 1991, the new Daenerys Entertainment Group had a total quarterly revenue of $1.93 billion, which was second only to Time Warner Group with an annual revenue of 10 billion yuan and ranked second among the seven Hollywood companies.

However, compared with the huge profits in the same period last year, this time, because of the employee layoffs, debt repayment, asset write-downs and other behaviors in the merger process of the two companies, Daenerys Entertainment's after-tax net profit in the second quarter was only a paltry $28 million.

The completion of a large M&A often means a huge loss that lasts for a year or two, as has been the case with Time Warner in the last two years.

As a result, Simon is generally pleased with the results.

In July and August, Simon focused much of his energy on the Westeros System's financial reports for the second quarter of 1991.

Because the company has doubled in size and is in the early stages of the merger, it was not until August 21 that the first quarterly earnings report after the merger of Daenerys Entertainment and MCA was finally released.

In the three months from April to June 1991, the new Daenerys Entertainment Group had a total quarterly revenue of $1.93 billion, which was second only to Time Warner Group with an annual revenue of 10 billion yuan and ranked second among the seven Hollywood companies.

However, compared with the huge profits in the same period last year, this time, because of the employee layoffs, debt repayment, asset write-downs and other behaviors in the merger process of the two companies, Daenerys Entertainment's after-tax net profit in the second quarter was only a paltry $28 million.

The completion of a large M&A often means a huge loss that lasts for a year or two, as has been the case with Time Warner in the last two years.

As a result, Simon is generally pleased with the results.

In July and August, Simon focused much of his energy on the Westeros System's financial reports for the second quarter of 1991.

Because the company has doubled in size and is in the early stages of the merger, it was not until August 21 that the first quarterly earnings report after the merger of Daenerys Entertainment and MCA was finally released.

In the three months from April to June 1991, the new Daenerys Entertainment Group had a total quarterly revenue of $1.93 billion, which was second only to Time Warner Group with an annual revenue of 10 billion yuan and ranked second among the seven Hollywood companies.

However, compared with the huge profits in the same period last year, this time, because of the employee layoffs, debt repayment, asset write-downs and other behaviors in the merger process of the two companies, Daenerys Entertainment's after-tax net profit in the second quarter was only a paltry $28 million.

The completion of a large M&A often means a huge loss that lasts for a year or two, as has been the case with Time Warner in the last two years.

As a result, Simon is generally pleased with the results.

In July and August, Simon focused much of his energy on the Westeros System's financial reports for the second quarter of 1991.

Because the company has doubled in size and is in the early stages of the merger, it was not until August 21 that Daenerys Entertainment and MCA finally reported its first quarterly earnings report.