"Currently, our raw material costs account for about 30% of the sales price, machinery depreciation for 20%, and management fees, property depreciation, and transportation expenses for roughly 15%. Labor costs are only at 5%."
Kyle stood in front of the television, passionately explaining to Carven, who was sitting on the sofa, "What does 5% represent? Our competitors, their figure is approximately 25%. We save a full 20%! And this 20% will all be converted into our net profit.
In factories similar to our operations, they make a profit of 10% per item sold, whereas we make 30%! Our profit is three times theirs!
Mr. Carven, I believe this should be the reason Nord Bank would invest in us."
"Indeed, it's a good project,"
Carven replied with a gentle smile, resembling a kind elderly man, while flipping through the report in his hand,
