Chapter 904 Super Profit (4100 word chapters, ask for subscription!~)

Towards the end of 1984, Rongle held the annual meeting of its group companies, which were attended by Zheng Guoqu, CEO of Dynasty Media Group, Huo Jianning, CEO of Panda Retail Group, Yuan Tianfan, CEO of Tunan Technology Group, and the heads of various branches of the three major groups.

At the same time, there are Chi Liang, CEO of Dynasty Food Group, Cai Xiaowei, CEO of Dynasty Real Estate, Johan Johan, CEO of Dynasty Hotel Group, and the heads of major projects of its companies.

Such meetings are confidential, so everyone who attends the meeting signs a confidentiality agreement.

As for Wu Weihao of Dynasty Securities, he is still in Tokyo at this time, Rong Le has already called him, and he doesn't need to come back at all!

As for Teiko, who is in charge of domestic investment, it is not in the sequence because of the domestic situation.

The first content of the meeting is that the heads of each company report to Rongle on the year's business situation and financial statements.

Yin Hai sat behind Joe John, looking at the people with different expressions in the conference room, feeling a little nervous, this was the first time he participated in such a large conference after joining the Dynasty Hotel Group, naturally he was extremely nervous, after a period of experience in the Dynasty Hotel Group, Yin Hai became more and more handy in the position of the manager of the operation department.

The speed of promotion is unique in Dynasty Hotel Group, but there is no way, who makes him Rongle's brother-in-law, as long as he does not make mistakes in his own job, his promotion road will not be broken.

Sometimes the relationship is indeed more important than the ability, and Yin Hai's own work ability is still there, although it is still a little immature, but it is already good.

The first to speak was Yin Hai's immediate boss, Johan Johan, CEO of Dynasty Hotel Group.

"This year, our Dynasty Hotel Group and Regal Hotels have been reorganized, at this time it has a five-star hotel Dynasty Hotel and two four-star Dynasty Hotels located in Tsim Sha Tsui East and the airport respectively, and the group has been inspected in Haojiang and Taipei, and plans to build a branch of the Dynasty Hotel in these two points next year. Johan stood up, and then explained the key points of the Dynasty Hotel's work this year and next.

At the beginning, after Rongle acquired the shares of Regal Hotel and Paliburg in the hands of Luo Yingji, after making up the price difference, he took out the two Regal Hotels separately and reorganized them with the Dynasty Hotel, while Paliburg was handed over to Luo Xurui to take care of, and at the same time, the debts of the original Regal Hotels were restructured, and the two Regal Hotels only bore 30% of the debts of the original Regal Group and Paliburg.

"Now the valuation of Dynasty Hotel Group has exceeded 1.5 billion Hong Kong dollars, due to the economic downturn in Hong Kong last year, the occupancy rate of Dynasty Oriental Hotel last year was only 75%, the occupancy rate of Dynasty East Tsim Sha Tsui Hotel was 79%, and the occupancy rate of Dynasty Airport Hotel was 82%, and the turnover of this year was 293 million Hong Kong dollars for Dynasty Oriental Hotel, 124 million Hong Kong dollars for Dynasty East Tsim Tsui Hotel, and 128 million Hong Kong dollars for Dynasty Airport Hotel. The total turnover of the three hotels is 545 million Hong Kong dollars, and the net profit after all expenses is 190 million Hong Kong dollars! At the same time, it has paid 40 million Hong Kong dollars for 30% of the debt of the original Regal Hotel, and the actual profit is 150 million Hong Kong dollars!"

After Johan finished speaking, there was still some pride in his eyes, last year, Xiangjiang's economy was very sluggish, Rongle in the year before last after the Luo family acquired the Regal Hotel, he was able to bring the Dynasty Hotel Group to the ranks of the top ten hotel groups in Xiangjiang in less than two years, this achievement is already worthy of his pride.

Rong Le sat in the chairman's position and nodded slightly, this profit, in Rong Le's view is already good, wait until next year, Xiangjiang's economy will pick up, and at the same time, the Asian economy is also slowly developing, Xiangjiang's tourism industry will definitely develop rapidly, and at that time, Xiangjiang's hotel industry will also be greatly improved.

Yin Hai sat behind Joe John, although he tried his best to keep himself calm, but there were still some mixed tastes in his heart, his wife Rong Ling owned 38% of the shares of Dynasty Hotel Group, which was already worth 570 million Hong Kong dollars, and this year, only the achievements of Dynasty Hotel Group could reach 57 million Hong Kong dollars!

This makes Yin Hai's mood very complicated, if he is just a person who eats soft rice, then he is naturally happy, but Yin Hai is also an ambitious person, so he is pressed by his wife, Alexander......

Rong Le looked at the financial report of Dynasty Hotel Group in his hand, if it wasn't for the act of nodding just now, no one knew if he was satisfied with the situation of Dynasty Hotel Group.

Rong Le is thinking about whether to list the Dynasty Hotel Group next year, and now the financial situation of the Dynasty Hotel Group is good, if the Dynasty Hotel Group is listed, it can also take advantage of the recovery of the Xiangjiang stock market to cut a wave of leeks on the Xiangjiang stock market.

"Next!" After a few minutes, Rong Le said lightly.

Ryoko's expression tightened, knowing that it was her turn.

"We have a total of two major companies, Dynasty Restaurant and Dynasty Instant Noodle Factory, of which Dynasty Restaurant has two chain restaurants in Xiangjiang at this time, two Wanwan, three Dongying, one in Thailand, one in Singapore, one in Malaysia, one in Indonesia, one in the Philippines, a total of 12 branches, and at the same time is planning to open additional branches in Europe and the United States and other countries...... "Liangzi's reporting time is also continuous, including competitors, and future plans and a series of things.

"Dynasty instant noodles have now also entered various Asian countries, have achieved very good results, and now with the plan of Dynasty Restaurant, we are in talks with underwriters in Europe and the United States and other countries, hoping to enter the European and American markets next year!"

Rong Le sat on the rostrum, watching Liangzi talk eloquently, the person who only thought about cooking at the beginning has now grown into a qualified manager.

"The market valuation of the Dynasty chain restaurant should be about 700 million Hong Kong dollars, of which the turnover of the two in Xiangjiang last year was 70 million Hong Kong dollars, the turnover of the two Wanwan was 50 million Hong Kong dollars, the turnover of the three Dongying restaurants was 80 million Hong Kong dollars, the turnover of Thailand was 20 million Hong Kong dollars, the turnover of Singapore was 18 million Hong Kong dollars, the turnover of Malaysia was 15 million Hong Kong dollars, the turnover of Indonesia was 12 million Hong Kong dollars, and the turnover of the Philippines was also 12 million Hong Kong dollars, a total of 277 million Hong Kong dollars, and the profit of the twelve restaurants should be about 97 million Hong Kong dollars after all expenses!”

Since the opening of the Dynasty Restaurant, Rongle has almost never used the funds of the Dynasty Restaurant in other places, so the funds of the Dynasty Restaurant are basically used to buy the store where the restaurant is located, especially last year, the real estate market in Xiangjiang declined, and the Dynasty Restaurant basically used all the funds it had saved to buy the store, which can be said to be a small profit.

Similarly, Rongle is also considering whether to split the Dynasty Restaurant from Dynasty Instant Noodles and put the Dynasty Restaurant on the market.

After listening to Liangzi's report, John Qiao also had some pride in his heart, after all, the turnover of Dynasty Restaurant is not as good as that of Dynasty Hotel, and the group company under Rongle has the deepest relationship between the two of them, which is naturally what John Qiao is most concerned about.

Liangzi didn't care about everyone's expressions, and after talking about the financial situation of the Dynasty Restaurant, he began to report the financial status of the Dynasty Instant Noodle Factory. When talking about the situation of Dynasty instant noodles, Ryoko's expression began to change and he seemed more confident, even he didn't expect that a small pack of instant noodles would have such great potential.

"Dynasty instant noodles in the second half of last year, the factory in China has been built, and the entire half year of the second half of the year has been laying domestic sales channels...... "Liangzi first reported the domestic situation.

"However, because of the pricing of Dynasty instant noodles in China, the average family can't afford to consume it at all, so the temporary sales volume has just been maintained at about 24 million packs per month, and the sales volume is almost 84 million Huaxia dollars per month, deducting all expenses are almost 8.4 million Huaxia yuan, but due to the chairman's instructions, the domestic sales are only used for domestic investment at this time, so they are not counted in the total turnover of the group company!"

The price of Dynasty instant noodles in China is 2.5 yuan a pack in a bag and 4.5 yuan a box in a bowl, which is a luxury item in China where the per capita GDP is only 442 yuan!

But even so, the domestic turnover is still shocked everyone, Liangzi did not expect that the sales of instant noodles would be so amazing, they also did not expect that a small bag of instant noodles would reach 500 million Huaxia dollars in half a year, although the profit accounted for a relatively small amount, but also reached 50 million Huaxia dollars, this is only the first half of the Dynasty instant noodles in China, what about the future......

Johan's face was a little less confident......

Then Liangzi began to report on the sales of Dynasty instant noodles in Southeast Asia, "The pricing of Dynasty instant noodles in the whole Southeast Asia is 3 Hong Kong dollars a pack in bags, 5 Hong Kong dollars a pack in boxes, and the whole Southeast Asia has sold more than 1 billion packs of Dynasty convenience this year, with sales of 3.4 billion Hong Kong dollars, and a net profit of 510 million Hong Kong dollars after deducting all expenses!"

This profit is a little terrifying, when Liangzi said it, no one thought that under the three major groups of Rongle, the Dynasty Instant Noodle Factory would be able to make a profit of 510 million Hong Kong dollars this year, which is difficult for top real estate companies to achieve.

"The most important thing is that as instant noodles are accepted by more and more people, the sales performance of Dynasty instant noodles is increasing month by month, and we are confident that we will sell this one to 1.5 billion packs next year!" Ryoko's tone was full of confidence.

Joe John's face was completely speechless, the Dynasty Hotel had been completely compared!

"Today, the overall valuation of Dynasty Food Group has reached 3.5 billion Hong Kong dollars. Finally, Ryoko made a final decision.

After Ryoko sat down, everyone's eyes began to change from him, and no one would have thought that the Dynasty Food Group, which had been unknown all along, would reach such a high market value.

"Go on!" Rong Le said with a blank face.

Ah Cai immediately stood up, he, like everyone else, also did not expect that the Dynasty Food Group would achieve such a high achievement, which made him feel a trace of pressure, after all, in the past two years, Dynasty Real Estate has not made any big moves because of the bad market of Xiangjiang real estate industry, and at the same time, Dynasty Real Estate, as the first listed group company under Rongle, has clear finances.

"As of today, the closing price of Dynasty Real Estate is HK$3.16 per share, and the market value of Imperial Real Estate is HK$3.16 billion. "This is still because of the recovery of the Xiangjiang stock market, which has led to a slight recovery in the share price of Dynasty Real Estate, otherwise the market value of Dynasty Real Estate and the market value of Dynasty Food Group is even larger.

At that time, the price of Dynasty Real Estate was set at 2.5 yuan per share when it was listed, and later because of the news of Rongle, the stock price of Dynasty Real Estate fell all the way, during which Rongle and Ah Cai took the opportunity to buy back some shares in the hands of shareholders, so that Ah Cai also became a shareholder of Dynasty Real Estate.

"Two of Dynasty Land's biggest projects last year were the development of Dynasty City One Phase 2 and a commercial development in Wan Chai in partnership with Sun Hung Kai. ”

The development of the second phase of Dynasty City One was personally ordered by Rong Le to negotiate, and the cooperation with Sun Hung Kai was a cooperation negotiated between Ah Cai and Sun Hung Kai as the CEO of Dynasty Real Estate.

Rong Le asked Ah Cai to be the CEO of Dynasty Real Estate, not only to let him simply be a business keeper, but also to hope that he would be a pioneer, and Ah Cai himself also wanted to make a career to prove himself.

"The second phase of the first city of the dynasty is expected to open in May next year, and at the same time, last year, the dynasty real estate collected a total of 147 million Hong Kong dollars in commercial rents in the first city of the dynasty, and after deducting the fees, the profit was 67 million Hong Kong dollars!"

Everyone here knows that the real value of Dynasty Properties is their land bank in the New Territories, not the current development, so although the profitability of Dynasty Properties is not as dazzling as their market value seems, no one underestimates the potential of Dynasty Properties.

The land price in Hong Kong fell, but because the Hong Kong government has decided to stop issuing the land exchange rights and interests in the New Territories, it has not caused the share price of Dynasty Real Estate to fall much, but because Dynasty Real Estate has not made a big move for more than a year, so the shares of Dynasty Real Estate are not much in circulation in the stock market of Hong Kong.

The rebound in the share price of Dynasty Real Estate this time is due to the recovery of the real estate industry in Hong Kong, and the other is the announcement of the development of the second phase of the First City of Dynasty project, as well as the project of cooperation with Sun Hung Kai, it is the announcement of these two projects that has led to the continuous rise of the stock price of Dynasty Real Estate!

Ah Cai did not elaborate too much on the specific plan of Dynasty Real Estate at the meeting, after all, Dynasty Real Estate is a listed company, and Ah Cai not only has to report at the annual general meeting of the group company held by Rongle, but also has to hold a general meeting of shareholders at the same time, and that is the time when Dynasty Real Estate Ah Cai really exerts its power.

After Ah Cai finished speaking, the atmosphere in the conference room gradually became more condensed, because everyone knew that it was time for the three major groups under Rongle to make annual reports.