542 A Group’s Secret Proposal (3) – Part 1 3yr

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Gun-Ho came home a bit earlier than usual that day. After dinner, he took a walk at Yangjae Riverside which was in a close distance from his home.
"Maybe I will walk until I reach Hakyeoul Station."
While walking around at Yangjae Riverside, Gun-Ho thought of the conversation he had with A Electronics' CEO Park earlier that day.

'GH Mobile is aiming at the sales revenue of 90 billion won for this year. I'm sure we can reach 100 billion won by next year. Regardless of whether the company would be successfully registered with KOSDAQ or not, we will soon reach 200 billion won of the sales revenue as it continuously increases every year. We made 7% of the operating profit last year with a net profit of 2.9%.

As the sales revenue keeps going up, the operating profit will increase to around 10%. Because of our debts, we couldn't generate good net profits so far. Once we pay enough for the debts, our net profit will be at least 6%. That means the net profit will be 12 billion won. 1