Magic Industry Empire Volume 7 Chapter 26 - First Class Company

Volume 7 Chapter 26 - First Class Company

It quickly came to the end of December and there were less than ten days before the start of the new year.
Just like before, the Frestech Chamber of Commerce had half a month off during the New Years, a week before and a week after.
So now that it was only three days before the vacation, the Frestech Chamber of Commerce’s main base was filled with a tense feeling that came before the vacation.
Although all the staff in the company were looking forward to the year’s end, in order to enjoy this longest vacation, they had to finish all the work that they had before the vacation.
Otherwise, if they went on vacation while still having work, they wouldn’t be able to enjoy it as much.
So the Frestech Chamber of Commerce was very efficient during this time, it could even be considered the most efficient it had been all year.
In just the first twenty days of the month, the factories all had production capacities that matched the entire last month. There were even some departments that had surpassed their stats from last month.
When Xu Yi saw this, he couldn’t help giving an emotional sigh.
If the company could be this productive all year, he wouldn’t need to worry about the production capacity of the company.
“Hei, sir chairman, perhaps the efficiency is good, but if we’re like this all year, people might die from exhaustion in just two months.”
The Frestech Chamber of Commerce’s household magic machine department’s manager Ankhto looked at Xu Yi and shook his head, not knowing whether to laugh or cry.
“Moreover, even if we were this efficient all year round, the production capacity still wouldn’t be able to meet the demand. In the end…..our Frestech Chamber of Commerce’s products will never fall short of demand, we will sell however many we can produce.”
After saying this, Ankhto turned to look at the other people in the conference room and spread his hands with a smile.
“Don’t you all think so?”
The room was suddenly filled with laughter.
“Right, our company\\\'s products have always been snatched by people, the production is never enough.”
“Of course. Our department still has over a hundred thousand orders and even if we don’t receive any more orders, we’ll have things to do for the entirety of next year.”
“Ha, ha, the other companies have to worry that their things won’t sell, but our company is worrying about how to make them……”
……
Xu Yi looked at the people in the room and seeing that they all had relaxed looks, he was silent the entire time. When he saw that even the strict looked financial department manager Sebas had a smile on his face, he couldn’t help smiling as well.
Indeed, the other companies of the continent had to worry that their products wouldn’t sell and the Frestech Chamber of Commerce had to worry about not having enough to sell.
Moreover, from the stats that Kennard had given him, until now, there wasn’t a single department that had fulfilled all their orders and they were strictly lacking in production capacity.
Even the most serious household magic machine department. They had over three thousand orders on hold, orders that added up to a total of over twenty million gold coins.
Even if the household magic machine department kept working at the same efficiency as this month, it would take them at least half a year to finish all these orders.
The household magic machine department could be considered one of the oldest, most well managed, and the largest department in the Frestech Chamber of Commerce. Even they couldn’t do a thing about their orders, so there was no need to mention the other departments.
But no matter what, the orders not being filled versus not being able to sell products were two different matters. This kind of not having enough production capacity to meet demand was more of a happy worry.
If it was any other company on the continent, they would be filled with jealousy towards the Frestech Chamber of Commerce.
Of course, there were many companies that couldn’t be jealous even if they wanted.
The magic machine industry was becoming more and more important on the continent, with each magic machine product being welcomed by every country.
The Frestech Chamber of Commerce was the company that led this industry. First not mentioning that there were special magic machines that could only be produced by the Frestech Chamber of Commerce, even with other companies producing household magic machines, the Frestech Chamber of Commerce’s products were the highest quality, far surpassing the products of other companies.
So the Frestech Chamber of Commerce’s products being snatched off the shelves wasn’t strange. This was a complete suppression in terms of technology and experience, so the other companies couldn’t do anything but accept it.
Because of this, the Frestech Chamber of Commerce’s yearly income would always greatly increase compared to previous years. In the last five years since Arch Magus Levin Hasko fell, when the magic machine industry swept across the continent, the Frestech Chamber of Commerce’s profits had increased at a shocking speed with each passing year.
At the end of last year, the Frestech Chamber of Commerce’s yearly profit had surpassed a shocking eighty million gold coins.
And this year, based on the annual financial report that Sebas had just given Xu Yi, the Frestech Chamber of Commerce’s sales had reached a shocking two hundred and seventy million gold coins.
As for gross profit, it was three million seven hundred and forty thousand past one hundred million!
It was over a hundred million!
Although before he had received this report, Xu Yi was already a bit mentally prepared.
After all, the Frestech Chamber of Commerce was still developing well this year, so it wasn’t strange if there was another breakthrough in overall annual profit.
But when he saw that the figure was over a hundred million, Xu Yi still couldn’t help being shocked.
It should be known, the current strongest country on the Sines Continent, the Candra Empire which had the greatest tax revenue on the entire continent only had an annual tax revenue of less than two hundred million gold coins!
This meant that just the yearly profits of a company like the Frestech Chamber of Commerce was already equal to half the annual tax revenue of a large empire like the Candra Empire!
Thinking about it, if there was a company one earth that had the same revenue as half a country’s yearly tax revenue, how strange would that be?
However, it was basically impossible for this situation to happen on earth.
Because the society on earth was different from society on the Sines Continent. Each country on earth would have a strong control of their country’s possessions, so the effects that companies would have would be limited.
But it was different on the Sines Continent. This continent was under a half slave and half feudal society, so all the countries were just gatherings of large noble clans.
Even if there was a king or an emperor ruling the country, they were only the strongest noble in that country. Although they had powerful control over the country, it wasn’t like the complete control that governments had on earth, but of course this wasn’t something that every country on earth had.
So it wasn’t strange to see a private organization surpass even a super powerful country on the Sines Continent.
For example, the number one company, the Chimera Chamber of Commerce. Their yearly income far surpassed the yearly tax revenue of the Candra Empire and it couldn’t be estimated
The Chimera Chamber of Commerce existed before the Candra Empire, having a history of over a thousand years.
In history, there were two Candra Empire emperors who had tried taking the Chimera Chamber of Commerce under the empire, but in the end, those two had met terrible deaths and the Chimera Chamber of Commerce stood firm.
On the entire continent, other than the Chimera Chamber of Commerce, there were three other companies that could be considered peak companies alongside the Chimera Chamber of Commerce, having a yearly profit that was hard to estimate.
So the Frestech Chamber of Commerce’s yearly profit being half the tax income of the Candra Empire wasn’t considered anything strange.
Of course, the Frestech Chamber of Commerce came from a small country like the Lampuri Kingdom and their current headquarters was in the even smaller Stantine Duchy. This company that had been formed for less than fifteen years had an annual profit of over a hundred million gold coins, this really could be considered a miracle or even a work of god.
If it wasn’t for the magic machine industry that had incomparable influence that was founded by the Frestech Chamber of Commerce, this would have been impossible.
The current Frestech Chamber of Commerce could already be considered a first class company of the continent!
When Sebas had announced the financial report to the high level members of the Frestech Chamber of Commerce, everyone had broken out in wild cheering.
The high level members at this year end conference, they had all worked for at least over ten years for the Frestech Chamber of Commerce. It could be said that every person had watched the Frestech Chamber of Commerce grow every step of the way, seeing the Frestech Chamber of Commerce become stronger bit by bit with their own strength.
Now that they had seen the Frestech Chamber of Commerce had reached this scale, other than wild joy, there were many of them that couldn’t believe it.
After all, the Frestech Chamber of Commerce had been founded for too short of a time. It wasn’t even long enough for a baby to become an adult.
In this short period of time, the Frestech Chamber of Commerce had gone from nothing to such a giant organization, it really was hard to believe.
However……these were the facts.
Moreover, compared to the powerful annual income of the Frestech Chamber of Commerce, their influence, their potential, and the most important thing which was their ability to survive, the Frestech Chamber of Commerce was on a higher level compared to an old company like the Chimera Chamber of Commerce.
As the magic machine industry kept developing on the Sines Continent, the Frestech Chamber of Commerce would only become stronger. They would become so strong that no one could shake them!
So after recognizing this fact, Xu Yi made the decision to carry out the reform plan that he had already wanted to carry out for a long time.