Chapter 184: Losses should be persevered

On the laptop screen, the two video objects occupy the left and right sides of the screen, and all three people can speak Chinese, so they are all voice communication.

"York, how is the development of your Indian market, I heard that generic drugs are rampant there, and they are protected by the state, so it should be difficult to develop the market, right?"

Wang Xin, as the boss, of course, asked the first question.

"It's really difficult, our medicine is only available to the two higher castes, the Tissana and the Brahmins, and most of the other castes can't afford our medicine.

And there are too many generic drugs, and the price of our drugs is many times more expensive than generic drugs.

You should also know that although those generic drugs may not be as good as our drugs, they still have eight or ninety percent of the effects, at most they have a little more side effects than our drugs.

However, side effects can only be found subtly as long as you don't eat a lot at one time.

Therefore, most people here are still willing to spend less money to buy generic drugs!

To be honest, I really don't have much confidence in the Indian market, because many people here are reluctant to even buy generic drugs, or they can't afford to buy them, and if they get sick, they are waiting to die.

If you remove the two castes of the Dessana and Brahmins, I don't feel that India is much better than Africa, and even in terms of geographical advantages, it is not as good as Africa. ”

Speaking of this, York couldn't help but be a little frustrated, thinking that he was in a hurry, and even wanted to go to India to open up a market.

even almost patted his chest and played a package ticket.

But I didn't expect the reality to be so cruel and ruthless.

"If you really can't give up, isn't your market in Southeast Asia very good?

But the Indian side can't be lost.

Well...... In this way, in the future, you don't have to sell medicine or anything in India, some people will buy it, and no one will buy it.

You can put the drug testing link to the Indian side to do.

It is to put those drugs that have been tested on animals, confirmed that the animal tests are effective, and the side effects are within the acceptable range, to be tested on humans in India.

Compared to the black race, the race genetically of the Indian side is closer to that of our yellow race.

However, we should not give up on human experiments in Africa, after all, the genes of the black race are relatively primitive and less differentiated, which is very useful for us to study the effect of drugs.

The specific market is still mainly in Southeast Asia and the Soviet side!"

Wang Xin thought about it, but decided to let York give up the market in India.

Over there are chicken ribs, which are tasteless and can be discarded.

Instead of spending energy over there, it's better to give up for the time being, and wait for the internal environment to get better one day, and then go in, anyway, it is difficult for other pharmaceutical companies to develop there!

"Okay!"

After saying this, York also breathed a sigh of relief.

"He, the situation on Hong Kong Island is still the same as usual, nothing has changed, right?"

After Wang Xin finished talking to York, he turned to the person in charge on Hong Kong Island.

"Mr. Wang, that's right.

Didn't you ask me to count the general ledger of the company last time, after this week's statistics, I have sorted out all the general ledgers of the past few years.

The relevant information has also been sent to your mailbox, but I don't think you should have read it yet, so I'll give you a brief explanation first!

Before you go to China, our group was profitable as a whole, and the annual profit was about $200 million to $300 million, excluding the technology licensing and technology transfer from the institute.

Since last year, because you need to explore the market in China and York, both of which cost a lot of money.

Therefore, although the profit in all aspects reached 400 million US dollars unexpectedly last year, because there was no sale of pharmaceutical patents last year, even if the licensing fees of some technologies were added, the total profit was only 600 million US dollars.

These profits do not include the cost of opening up the market in York and your trip to China to open up the market.

If we take these two expenses into account, we actually lost money last year, and even lost $200 million in old capital.

Moreover, at present, your logistics investment in China still needs a lot of investment every month, so the actual loss in the first half of this year is still more than 200 million, if you count the second half of the year, it is estimated that the loss may reach 500 million US dollars!

What I want to say is, will you make too much investment in Huaguo, after all, there is no profit at the moment.

Although the bottom of our group is relatively thick, it is actually more than 10 billion US dollars, and if we continue to lose money at this rate, we will lose more than ten years if we die.

So, we don't need to be a little more convergent. ”

Although Ju He knew that Wang Xin might not like to listen to these words, and it was unlikely that he would not make a profit for more than ten years, he still wanted to take a preventive shot.

By the way, I persuaded to rein in the large investment in China.

After all, at this time, not everyone is very optimistic about Huaguo.

If it weren't for the fact that Tongtian Group was not listed and was completely a private family business, it is estimated that various shareholders would have come to stop it.

"So much loss in the past two years?

But you don't have to worry too much, the main thing is that the profit from selling drugs is not yet in place.

We have always been selling pharmaceutical patents in the past, and we have not done much self-production and sales, so the sales channels in this area are relatively weak, and we have basically expanded the channels in the past two years.

In terms of channels, more than 60 countries have been opened up at present, and this part of the cost will only need to pay a little bit to maintain stability from next year, and it does not need to spend as much as the previous channel opening.

Therefore, the pharmaceutical company should be profitable from the second half of next year, so there is no need to worry about this.

If India does not open up the market, then the funds spent will be relatively small, coupled with the official success of the market in Southeast Asia and the Soviet Union, it is estimated that it should be able to start making a profit next year!

Therefore, the main loss from next year should still be on the Huaguo side.

At this point, I am afraid that there is really no way to stop the profit and loss in a short period of time, and I can only try to ensure that I lose a little less next year. ”

Wang Xin is also a little entangled, saying that it is easy for those who sell medicines, laptops and smartphones to make a fortune and become the richest man in the world?

He has a three-pronged approach to all three, and he has not yet become the richest man in the world, let alone the richest man in the world, he has not been on the top ten, but he has reached the thirteenth.