WPG Low-Level Annual Profit? Permanent Property Rights! An Huchun Wants to Screen Test Subjects Again!
Ankas Farm's profitability was actually quite decent!
After all, its total area exceeded 3.8 million square meters, equivalent to more than 5,800 mu.
Ankas Farm had previously mainly grown wheat and sunflowers. Its net profits over the past three years had each exceeded 1.5 million dollars, translating to an annual comprehensive net profit of over 10 million Xia Guo Yuan.
Based on Ankas Farm's total price of roughly 320 million Xia Guo Yuan, that meant it would take at least thirty years to recoup the investment.
Judging by annual profit margins and loan interest rates, it was definitely a losing business.
However, land in the North Bear Kingdom came with permanent ownership rights!
Land in Xia Country was leased in nature. Even with an exceptionally long seventy-year leasehold, it was still ultimately a lease. If the annual interest rate was only three percent, it would certainly be a losing deal.
But when permanent ownership rights were added into the equation, didn't that three-percent annual return suddenly seem rather appealing?
Based on Ankas Farm's profitability over the past three years, if Sergei could maintain that level of profit, his dividends would exceed one million Xia Guo Yuan—equivalent to an annual bonus of over ten million rubles.
That level of income would be considered high anywhere in the world, including the so-called White Eagle.
After all, most White Eagle citizens only earned thirty to fifty thousand dollars a year.
It was nearing six in the evening at the Four Seasons Hotel in Moscow.
To celebrate the successful acquisition of Ankas Farm, An Wuyang held a dinner here and invited the relevant personnel.
Although Emperor Pushi did not attend in person, he had Ivan bring his congratulations and held a video call with An Wuyang during the event.
An Wuyang could not