Rebirth Strongest Tycoon

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With the 12 million HKD spent this time, there is no need for Xia Yu to call other funds, because now Jiuding Newspapers Co. has enough funds by itself.

Since January this year, “Jiuding Daily” appeared first, then “Economics” weekly magazine, and then “Fengyun Daily”. These three important pillars have very strong hematopoietic capabilities.

The monthly advertising revenue of “Jiuding Daily” has jumped from at first’s 100 and a few 10000 HKD to the current 3.6 million HKD, and has now created an advertising revenue of 10.24 million HKD for the company.

“Economics” weekly magazine has the strongest gold mining capacity. The latest weekly advertising revenue is 2.4 million HKD. Although it has only been a few months since its appearance, it has been created for the company because of the large circulation and large advertising space. Has an advertising revenue of 22 million HKD.

The last is “Fengyun Daily” because it has the shortest establishment time, but because of the large circulation, the advertising space is also full. Advertisers have already put one month’s funds into the account of Jiuding Newspapers Co., which has already been created for the company. An advertising revenue of 2.1 million HKD was created.

The total advertising revenue is 34.34 million HKD.

In addition to these three large pieces of advertising revenue, selling newspapers and magazines itself has a certain profit.

So far, “Jiuding Daily” has issued nearly 80 million copies, and “Fengyun Daily” has issued about 13 million copies.

The cumulative circulation of the 2 newspapers will exceed 100000000 million!

Now the selling price of a newspaper in Hong Kong is 0.3 HKD, and the factory price is 0.22 HKD, so just selling the newspaper has created 20.5 million HKD in revenue.

But after all, the profit of selling newspapers is too low. With a revenue of 20.5 million HKD, the gross profit may be less than 3 million HKD.

Nothing is comparable to advertising revenue, it is almost a net income except for taxes.

In addition to these two newspapers, “Economics Weekly” so far, the cumulative circulation has reached 2 million copies, the retail price is 8.82 HKD, the factory price is 2.5 HKD, so it has created a revenue of 1.8 million HKD, with a gross profit of 15.9 Around ,2600,000.

So far, Jiuding Newspapers Co.’s total revenue has reached about 71 million HKD, gross profit is about 40 million, and advertising contribution accounts for more than 85%.

In fact, 85% of the proportion is already considered low. This is due to the large printing volume of newspapers owned by Jiuding Newspapers Co., which reduces the cost and makes it profitable just by selling newspapers.

Other newspaper offices do not have the capabilities of Jiuding Newspapers Co.. Many newspapers are sold almost at a flat price, and some are even distributed at a loss, relying on advertisements to live their lives, and advertising profits account for more than 90% or even 95%.

Although Jiuding Newspapers Co.’s revenue is scary, its expenditure is not small.

During this period of time, the company has been expanding, and it has spent a lot of money to build Jiuding News Agency, which has greatly increased administrative costs, expanded several large printing houses, established branches, and so on.

This series of actions requires huge amounts of money.

But despite this, so far, Jiuding Newspapers Co. still has 25 million HKD in the current flow.

Now the acquisition of “Nanyang Siang Pau” cost 12 million HKD, and there is still 13 million HKD left in working capital.

But don’t look at the 13 million HKD, it is still not enough to complete the next plan!

However, Jiuding Newspapers Co. has grown up, with strong hematopoietic ability, and Xia Yu does not plan to inject funds in.

He has decided to let Jiuding Newspapers Co. go to the bank loan. With Jiuding Newspapers Co.’s brilliant sales data, he can easily borrow tens of millions of HKD from HSBC.

Xia Yu believes that as long as he asks for a loan, Michael Sandberg will definitely be very active. Jiuding Newspapers Co. is the leader in the paper media industry, and aptitude is very good, making it an excellent choice for banks to lend.

Moreover, Jiuding Newspapers Co., as a subsidiary of Xia Yu, Michael Sandberg is not at all worried that Xia Yu can’t afford it.

After all, several 100000000 million funds of Jiuding Securities Ltd. are lying on the HSBC bank account. Among them, more then 100 million is completely owned by Xia Yu!

Michael Sandberg can fully lend 100,000 loans!

However, the implementation of the plan does not require so much capital. You only need to borrow 10-20 million for a short period of time. After 2 months, Jiuding Newspapers Co.’s own blood can be relieved.

“Very good, good job!”

After reading it, Xia Yu showed a satisfied smile and admired Yan Wenhan.

“Thank you Boss for the compliment!”

Yan Wenhan said modestly, but the smile on his face showed his true inner thoughts.

“How are the other acquisition plans going?”

Xia Yu then asked.

The acquisition of “Nanyang Siang Pau” is only part of the overall acquisition plan, and there are several other acquisition plans at the same time.

Now that “Nanyang Siang Pau” has been successfully acquired, presumably several other acquisitions should be about the same.

“Boss, the acquisition of “Tin Tin Daily News” is nearing completion. The price has been reduced to 2.2 million HKD. It should be the end. If it can’t be reduced tomorrow, then I will buy at this price.”

Yan Wenhan reported.

“Tin Tin Daily News” this acquisition target is the result of his careful selection.

Tin Tin Daily News is a comprehensive daily newspaper in Hong Kong that focuses on grassroots and young people. It was founded in November 1960 and was founded by Wai Family Brothers of Hong Kong Guangdong BeiKang Pharmaceutical Company Ltd. Wai Family Brothers. Wei Jishun is responsible for social affairs.

Later, the Wai Family economy was in recession. On August 3, 1977, it was acquired by Millie’s Group. Chairman Alan Lau invested 1.65 million HKD to buy 75% equity shares and then became President. The other 25% belonged to General Manager Wei Jianbang.

However, the development of Millie’s Group did not go well, and Alan Lau pledged these 75% equity shares to Kincheng Bank, and used the loan for his own Millie’s Group turnover.

As President Alan Lau of “Tin Tin Daily News” has time and energy involved by Millie’s Group, the development of “Tin Tin Daily News” has fallen into a quagmire after the acquisition, and there is a trend of retreat.

Therefore, the acquisition of “Tin Tin Daily News” is not difficult, and now the daily sales is 20,000 copies, which already has a certain foundation. As long as it is acquired, it can expand rapidly and is a good acquisition target.

“Just press it at this price. There is no need to press it, and it will cost 10000. Get it as soon as possible to avoid unnecessary trouble caused by information leakage.”

Xia Yu brows slightly wrinkle, and then directly decided that he didn’t care if it was more than 10000 or less than 10000, and he was relieved when “Tin Tin Daily News” arrived as soon as possible.

After all, he knew that “Tin Tin Daily News”, which had only 20,000 copies of daily sales, developed into a large newspaper in the future. Daily sales reached more than 200,000 copies and became the third largest newspaper in Hong Kong.

It just seems to have had a bad fate, changing hands many times, and was finally acquired by Wong Yuk-long. Because Wong Yuk-long did not abide by the rules, “Tin Tin Daily News” was caught in a lawsuit and finally ceased publication.

A newspaper with daily sales more than 200,000 copies just disappeared.

However, this life, “Tin Tin Daily News” was acquired by Xia Yu, this situation will not happen again, and the future will be bright.

“Okay, I will sign a contract with them tomorrow.”

Seeing that the Boss had made a decision, Yan Wenhan immediately nodded responded.

“what about others?”