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Chapter 1740: Enterprises need a sense of social responsibility

According to the first quarter financial statements of Xuanping 36 years reported by Royal Petroleum Company to the Royal Assets Division.

The company's revenue reached 20 million in the first quarter of this year.

The revenue is so terrible, but their profits are even more terrible!

Their profits are expected to reach 10 million!

They have a monopoly on oil extraction, refining and sales, and the profits they have made exceed people's imagination!

Even the big bosses of the Royal Assets Division were frightened when they received the first quarter financial report of Royal Petroleum Company.

I once suspected that their property report data was wrong!

Even Li Xuan was a little unbelievable when he saw the financial report of Royal Petroleum Company.

Just selling kerosene, you can make 10 million in a quarter?

Don’t you want to earn 40 million in a year?

This amount of money is quite a lot, so much that even Li Xuan feels it is not suitable for him.

But when he thought about the modern Standard Oil Company, he felt relieved. At that time, the Standard Oil Company only monopolized 90% of the refining capacity and part of the crude oil production capacity, which had already created such a terrifying company.

It was such a monster that it forced the Americans to enact an antitrust law and split it into seven oil companies.

Even Mobil Oil Company, one of the seven companies after the split, reached a revenue of more than 200 billion US dollars in a certain year in the 21st century. The most important thing is that their profits reached 4

More than 10 billion US dollars.

What a huge profit!

The Royal Petroleum Company of the Tang Dynasty is a hugely profitable oil company. Not only the Royal Petroleum Company, but even the newly established Imperial Petroleum Company is a hugely profitable enterprise. It has only been established for a long time, and it has already started to make profits, and

The profits have already exceeded the initial total investment.

The oil industry is so profitable that it is difficult for these two companies to lose money.

After all, it is really not easy to make a loss with tens of millions of profits a year, even if they have already spent huge amounts in other areas. For example, they invested in a building in Shanghai to serve as the company's headquarters when they had nothing to do.

.

This building is expected to reach twelve floors, and there will also be a spire on the top floor that has no practical use and is purely for climbing!

After this is completed, the total height is expected to reach 80 meters!

This height is quite astonishing. Before this, in big cities such as Shanghai where there were many buildings, the buildings generally could reach four or five floors, and very few could reach seven or eight floors.

In addition to the limited load-bearing capacity of masonry, the more important thing is that people are generally reluctant to climb stairs, so buildings are generally not built too high.

But this time, the building built by the Royal Petroleum Company reached a height of twelve stories.

It is said that in order to build this "Royal Petroleum Building", they are planning to use a steel frame to build it and equip it with a specially developed new elevator.

More importantly, the cost of this Royal Petroleum Building will be very high. First of all, because it is located in the center of Yanjiang Road, Shanghai, the land price alone is not cheap. Well, in fact, if it were not for the high price of land in the city center, they would

There is no need to build such high-rise buildings.

The construction will use many new technologies that have not been used before, so the construction cost will be very high.

And it is expected to be very luxuriously decorated!

In the end, the total cost of their building is expected to reach an astonishing one million Tang Yuan!

What you should pay attention to is that this word "astonishing" refers to the evaluation of the outside world.

Because one million Tang Yuan is already a huge sum of money in the eyes of ordinary people, and even in the eyes of other companies. It is purely sick to spend such a huge sum of money just to build a headquarters for company offices!

But in the eyes of Royal Company, this amount of money is nothing. It is just a fraction of their tens of millions of profits every year.

This shows how terrifying Royal Petroleum’s ability to make money is!

After looking at the financial statements of Imperial Oil Company, Li Xuan specifically found the financial statements of Imperial Oil Company.

Imperial Oil Company didn't make that much, their first quarter profit was only a mere profit of over one million!

However, as the output of Nanyang Oilfield gradually increases this year, and several large domestic refineries are completed and produce kerosene, profits will rise in the second half of the year.

The annual profit is expected to reach about 5 million!

but!

This Imperial Oil Company was only established last year!

They control only a few oil fields, and the Nanyang Oilfield, which produces a large amount of oil, has not yet produced a large amount of oil.

But now, they say that by the end of this year, more than a year after their establishment, the annual profit will reach five million?

No one would believe it!

This oil is so profitable.

Li Xuan thinks this is not good, very bad!

Especially when I learned that the two oil companies had reached a price alliance privately, I was even more speechless.

There are only two oil companies in the country, and you are still engaging in price alliances to create a complete monopoly. Is this interesting?

Besides, you are all official capital, one is an enterprise owned by the royal family, and the other is an enterprise affiliated with the Ministry of State-owned Enterprises. What are you doing making so much profit!

The most important thing is that the price of kerosene on the market today is still relatively high, and many people still cannot afford kerosene!

In response, Li Xuan casually gave the order.

As a business, you still need to have a sense of social responsibility.

A word about corporate social responsibility immediately made these two oil companies react and prepare to cut prices and make less money.

It didn't take long for these two companies to announce one after another that due to the discovery of new oil fields and the advancement of technology and refining technology, costs have been further reduced. In order to benefit the people, they will reduce the price of kerosene and other petroleum products, and the price reduction will be large.

It reached more than 10% in one go!

But those who responded faster than them were the Ministry of State-owned Enterprises and the Royal Assets Section. The staff of these two agencies were all serious officials with much higher political awareness.

As soon as I saw something was not going well, I immediately waved my hand!

Suddenly, six more oil-related companies were established, all of which were directly spun off from these two oil companies.

They are all companies with a series of petroleum industry-related licenses such as exploration, mining, refining, and sales!

In addition, they also approved additional licenses for more than 20 companies to refine crude oil and sell related petroleum products.

This also means that in the future, there will be eight oil companies with complete qualifications and more than 20 oil refining companies with qualifications to refine and sell oil.

To promote healthy competition in the petroleum industry.

This chapter has been completed!
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