Chapter 409 Accumulation of Wealth(2/2)
The leader in the manufacturing industry, Hongchuan Electric's profits from all products were US$1.908 billion. Adding in the US$275 million in optical drives, the total became US$2.183 billion.
If you choose to share initially, excluding next year's R&D expenses and other project budgets, Hongchuan Holdings will receive approximately US$1.041 billion.
Of course, this is pre-tax income. Neon’s ideal tax rate is about 20%, which is also a considerable expense.
In addition to the US$250 million in SIC and the 4 billion in Anke, the total revenue of all Hongchuan Holdings Qidong's manufacturing enterprises is US$1.397 billion.
Excluding taxes, the original cocoa account left with more than $1.1 billion.
The US$1.1 billion from the manufacturing industry is added to the US$700 million after tax from Hongchuan Interactive Entertainment, for a total of US$1.8 billion.
These will not be the bulk of Hongchuan Holdings' revenue for next year, but of course they will not be all.
Don’t forget Beidu Bank, which is very important in the financial industry. Next year, there won’t be as much good news as Hongchuan Electric in the market.
Beidu Bank's profits dropped slightly from last year, but it still recorded a monthly revenue of 35 billion yuan.
Others such as Bic Camera, Hudson Software, and Capcom's monthly revenue of more than 1 billion are not worthy of serious discussion.
Excluding the necessary research and development expenses and project funds for the coming year, Hongchuan Holdings will make a total profit of US$1.95 billion next year.
1.95 billion U.S. dollars, which is much higher than Hongchuan Feng Chandong’s total net worth of 1.7 billion U.S. dollars in previous years.
What does that mean? It means that you will make a lot more money next year than you did in the previous years combined.
Sure enough, I have completed the primitive accumulation of capital, and my wealth will increase at a rate beyond my imagination.
As for the wealth of more than three billion US dollars, Hongchuan Feng is very unwilling to touch it, and it is far from the time to enjoy it now.
He will prepare that money for next year. Oh no, it will only be 1984 in a few days.
In short, he planned to use that money to make a big fortune in 1985 and help Beidu Bank complete the transition from a medium-sized bank to a large bank.
Chapter completed!