Chapter 846 This is the strength of international giants
Guo Yongren nodded, "Zhiwen, you won't be able to make a profit in five years, because you still need big investment this year, just pool your funds and wait for my order." Guo Yongren said with a smile, and waved his hand for Zhao Zhiwen to sit down. Zhao Zhiwen nodded and sat down.
When he came down, everyone started applauding.
They are all elites and can settle accounts. Although the real estate company is losing money, but if you count the fixed assets, no one has as many fixed assets as the real estate company. Once the real estate company completes its global layout, God, how much will the annual rent be?
, it’s unimaginable, this is all cash, and a huge amount of cash can be collected every month, which is very scary.
"Wenhe, tell me about your entertainment group." Guo Yongren said with a smile. Xu Wenhe stood up, feeling very bitter. I am afraid that he and Lao Huang will still be at the bottom this year. This feeling is really uncomfortable.
"Chairman, dear colleagues, the Southeast Asia branch of Umbrella Entertainment Group received a total of HK$230 million in support from the headquarters last year. We have acquired a lot of cinema music companies in Southeast Asian countries. At the same time, we have held 20 events in Hong Kong, Macao and Taiwan.
Many concerts, throughout the year, we shot eleven films and invested in five films."
"We turned in a total profit of HK$410 million for the whole year. After deducting the support from the headquarters, we made a profit of HK$118 million. We will continue to work hard." Xu Wenhe gritted his teeth and said that attending the annual meeting was a complete torment.
.
"Not bad, Wenhe, you need to be more open-minded and dig deeper into the market." Guo Yongren said with a smile, waving his hands for Xu Wenhe to sit down. He understood Xu Wenhe's difficulties, and everyone applauded.
I don’t mean to look down on Xu Wenhe. Really, it is not easy to achieve this result in Southeast Asia. It can be seen that Xu Wenhe has also put in huge efforts.
"News Corporation has just confirmed the president and vice president. Starting next year, the president will speak on behalf of the company. Lao Huang, let's talk about News Corporation in Southeast Asia." Guo Yongren looked at Huang Xizhao and said. Huang Xizhao stood up and could understand Xu Wenhe's pain.
"Chairman, dear colleagues, the Asian division of Umbrella News Group completed several acquisitions last year. Our newspapers cover six countries and regions. At the same time, we acquired two TV stations, one in Japan and one in the Philippines.
Moreover, we built a branch in Fucheng and started operations.”
"For the whole year, the headquarters supported us with HK$500 million. We turned in a profit of HK$470 million for the whole year and a loss of HK$30 million. We are confident that we will achieve profitability this year," Huang Xizhao reported bravely.
Guo Yongren could understand their suffering, but without stimulation, there would be no motivation. I believe that with today's stimulation, they will be more courageous. He waved his hand and asked Huang Xizhao to sit down. Everyone applauded. Huang Xizhao is not young anymore.
, it’s really admirable that you can still fight so hard.
"Robert, let's talk about Europe." Guo Yongren said directly. Robert stood up.
"Chairman, colleagues, the European branch of Umbrella News Group has spent a lot of money this year. The headquarters has supported us with a total of 900 million pounds. We have completed the acquisition of a British TV station, a French newspaper, a TV station, and a German newspaper.
The integration has been completed and is currently operating normally.
"We turned over 680 million pounds to the headquarters for the whole year, and lost more than 200 million pounds. We are confident that we will turn losses into profits this year and create profits." Robert said seriously. The pressure on himself is not light. News Corporation must make a profit this year, otherwise,
I am not a qualified president of News Corporation.
"Has the layout of Sky TV been completed?" Guo Yongren looked at Robert and asked.
"Everything has been completed and the integration has been completed. We are currently operating normally. The profit from October to December last year was 12 million pounds, 22 million pounds, and 34 million pounds." Robert answered seriously
, Guo Yongren nodded.
He waved his hand and asked Robert to sit down. Everyone applauded. News Europe has begun to exert its efforts. The reason for the loss is due to the acquisition. These are all worthy of forgiveness. It will definitely make a profit this year. Everyone knows it.
"Carina, tell me about the situation there" Guo Yongren looked at Carina and said, Carina stood up.
"Chairman, dear colleagues, we completed the integration of Fox Broadcasting Company last year. At the same time, we acquired three newspapers, forming a combination of television and newspapers, which can fully cover the United States. All of them have been integrated and are currently operating normally."
"The headquarters supported us with US$700 million throughout the year, and we handed over US$430 million to the headquarters, which resulted in a lot of losses. However, our Americas division is confident of turning losses into profits this year," Carina said seriously.
Guo Yongren nodded and understood Carina's difficulties. In the United States, Carina laid off more than 600 people in order to integrate Fox Broadcasting Company, basically all senior staff. It can be said that the changes were not small, and Fox Film was also laid off.
He hired more than 30 senior executives and was very iron-fisted.
However, Carina had hired more than 700 people. The local government could not say anything, and did not want to see the company collapse, so it gave support. It was Carina's iron fist that completely integrated Fox Broadcasting Company, and the decree was smooth.
It has just begun to show profits, otherwise it is expected to still be a loss. Relevant institutions speak highly of Carina.
"You have done very well this year, and I look forward to your performance this year." Guo Yongren affirmed Carina's work. Of course, Carina's year-end bonus was also adjusted. Carina did it well, and everyone gave it to her.
applause.
"Robert, Carina, and Huang Xizhao, I hope the three of you can work together to fight a good fight this year," Guo Yongren said to the three of them.
"Yes, I will definitely not disappoint the chairman." Robert stood up and said. Huang Xizhao and Carina also stood up. Guo Yongren nodded and waved his hand for the three of them to sit down.
"Bazel, tell me about your grain and oil group." Guo Yongren looked at Bazel and said, and Bazel stood up.
"Chairman, dear colleagues, our umbrella grain and oil group spent a lot last year, but we did not ask the headquarters to support it. We all solved it with our own funds."
"We spent 600 million pounds on acquisitions throughout the year to acquire cattle farms, slaughterhouses, and meat processing plants to enrich our product line. We are new to the meat and meat products industry and have only completed
European layout”
"We turned over 1.8 billion pounds to the headquarters for the whole year, and the profit is a bit less." Bazel said seriously. Guo Yongren smiled, waved his hand and asked Bazel to sit down. Everyone applauded. The industry is different, and the profit will also be
different.
"You've done a good job, but I look forward to eating your fine steak one day." Guo Yongren said with a smile, and Bazel also smiled.
"Heyuan, tell me about your hotel group." Guo Yongren continued. Heyuan Zhiye stood up.
"Hi, Chairman, colleagues, our hotel group currently has 16 hotels in official operation, and at the same time, there are 14 hotels under construction, all of which are expected to be completed between August and November in the second half of this year.
"
"Last year, we invested US$1.2 billion, and the headquarters supported us with US$300 million. For the whole year, we turned in profits of US$510 million. After deducting the funds supported by the headquarters, we made a profit of more than 100 million. I believe that this year we will
We will achieve even more gratifying results," Heyuan Zhiye said very seriously.
Guo Yongren nodded. Heyuan was very good at governing the countryside. Like Edgar, he had a sense of stability, did not do things blindly, and had a strong sense of planning. This was better than many people.
"Heyuan, you're doing well," Guo Yongren said with a smile, waving his hands and asking Heyuan Zhiye to sit down. Everyone applauded. The hotel group can make a profit.
Everyone knows that umbrellas have a big characteristic, that is, they don’t like renting houses. Whether it is a real estate company, a hotel group, or an entertainment group, whether it is buying a house, buying a theater chain, or building a hotel, the land ownership is all
It belongs to the umbrella. Doing so requires a very large investment, which the umbrella can bear.
"Shaohui, tell me about the development of your bank." Guo Yongren looked at Song Shaohui and said. Song Shaohui stood up.
"Chairman, dear colleagues, last year, the Umbrella Bank has established a branch in Taiwan, a branch in Macau, a branch in Japan, a branch in Fucheng, and a branch in Thailand. Among them, Fucheng opened a total of eight business locations and began to expand slowly. We adhere to one principle
, that is, our expansion is not to make money, but to better serve the umbrella system.”
"For the whole year, we turned in profits of HK$1.7 billion. Of course, due to the industry, we have retained considerable free funds. We need to maintain sufficient liquidity." Song Shaohui briefly introduced the bank.
Guo Yongren waved his hand and asked Song Shaohui to sit down. He didn't want Song Shaohui to talk too much. Everyone also gave Song Shaohui applause. They understood Song Shaohui's difficulty. The chairman has been suppressing the bank's development. This is obvious to all, and it is difficult for ordinary people to bear it.
of this situation.
"Minister Shi, tell me about your Ministry of Interior affairs." Guo Yongren called Shi Wensong's name. Shi Wensong stood up. It was his first time to participate in the high-level meeting of the umbrella. Shi Wensong was excited.
Today, it not only brought excitement to Shi Wensong, but also brought extreme shock. The profit of the umbrella was too terrifying. Could it be that this is the strength of the international giant? It took a long time for Shi Wensong to adapt to this rhythm.
"Chairman, colleagues, our Ministry of Interior is mainly responsible for the construction of our umbrella control area. So far, the permanent population of Fucheng has exceeded 400,000, and the population of the other six cities has also exceeded the 100,000 mark. Last year, we conducted a total of four
Twelve major projects were constructed, and seventeen projects were completed." Shi Wensong's mind was filled with all kinds of data, and he opened his mouth to come.