On its opening day, Xiao Ying Entertainment Center was operating at a loss...
Due to the large amount of cash coupons distributed and the cost of the opening ceremony, the total budget had reached up to 10 million US dollars!
The revenue on the opening day, after deducting the cash coupons, was less than two million US dollars.
Which means a net loss of about eight million US dollars.
However, during the group meeting the next day, Wang Ye wasn't concerned about these figures.
What interested him more was the fact that even with so many cash coupons issued, there was still a revenue of two million US dollars!
Keep in mind, on its opening day, only a thousand guests were invited to attend, which didn't even hit the entertainment center's guest limit. By a long shot, in fact.
The first five floors, being the podium, have a much larger area than the upper floors, each occupying over ten thousand square meters.
