Super Invincible Battleship -
Chapter 958
Chapter 958: Chapter 387 Wealth Rivaling Nations_2 Chapter 958: Chapter 387 Wealth Rivaling Nations_2 It should be noted that Dream Island is the only place in the world where this vaccine is sold, and except for the Chinese market, where it's priced at 2000 RMB, the rest of the world sees the vaccine priced at a staggering 2000 US dollars each. Thus, in order to save their lives, pet owners can only spend this huge sum on their pets, which naturally brings enormous benefits to Dream Island. However, this time the profit was the largest ever; in the future, the product's profits will decline year by year, after all, the number of new-born pet dogs each year is incomparable to the existing population.
Nevertheless, the high cost of pet dog vaccines quickly phased out some dog-owning families lacking financial strength, and consequently, the overall quality of the remaining dog-owning families improved. This eradicated uncivilized behaviors that were previously common, ensuring better living conditions for pet dogs. What Yan Fei had not anticipated was that the Chinese pastoral dog, being naturally immune to the “invader” virus and not needing the vaccine, became favored by some less economically affluent families and began to garner popularity worldwide, changing the disadvantageous situation of the Chinese pastoral dog.
Besides that, there were other sources of income on Dream Island, such as the Dream Island Cargo Company, some service industry income on the island, and the revenue of Dream Bank, etc. However, these sectors have not been in business for long and are not currently focused on profit-making, so their revenue is very limited and does not even match the service income of Dream Assistant and apps. However, as their operations expand, and particularly with Dream Bank's global business development, Dream Bank will rise rapidly, bringing huge profits to Dream Island.
Dream Island has opened its doors to external business, and soon, savvy businessmen began to conduct their trade there. They rented land on Dream Island, built houses, and other structures on it, and used these buildings for the hospitality industry, restaurants, supermarkets, leisure centers, and other service businesses. Dream Island, in turn, collected land rent, business activity taxes, etc., from these businessmen. However, as these commercial services are still in their initial stages, and Dream Island has a supportive policy, the rent and tax revenue is quite low and can be essentially disregarded, summing up to less than 1 billion RMB per year.
Apart from these tangible earnings, Dream Island also received compensation of 100 billion US dollars from The United States of America due to Yan Fei's extortion and a total of 70 billion US dollars compensation from Japan, Australia, and Canada. However, this income cannot be counted as part of Dream Island's regular income because it is incidental and cannot be received every year.
Therefore, all things considered, Dream Island achieved an income of 31150 billion RMB in the past year, which translates into 4450 billion US dollars. Of this, the net profit was 23630 billion RMB, which converts to 3375 billion US dollars. Of course, this does not include the 170 billion US dollars obtained from extortion. Nonetheless, even without that, Dream Island's earnings over the past year were rivaling the wealth of nations, sufficient to rank 26th in the world, even surpassing Argentina.
Since Dream Island is privately owned by Yan Fei, the island's profit is the personal income of Yan Fei. This means that excluding corporate public offering and other business maneuvers, just the actual net profit made Yan Fei's income exceed that of the previous world's richest person by more than three times in one year. Moreover, such massive earnings could be sustained, far outlasting those so-called “stock market billionaires.”
In short, over the past year, Dream Island achieved tremendous success in product sales, with income from product sales comparable to some wealthy nations. However, due to Dream Island's ongoing large-scale infrastructure construction throughout the year, these projects consumed a significant amount of funds, so at the end of the year, it was found that Dream Island's profit was not as exaggerated as it seemed on paper, with just a surplus of 200 billion US dollars. However, adding the 170 billion US dollars in cash extorted by Yan Fei, Dream Island is currently holding an unprecedented 370 billion US dollars in cash.
It is precisely because of holding so much cash that Yan Fei had the courage to create 3000 square kilometers of new land in one go and complete the development of this entire new terrain.
In the past year, to meet management needs, Dream Island Technology underwent major structural changes and reorganization, delineating management responsibilities across various departments to better adapt the new management system to Dream Island's rapid development.
For some reason, Yan Fei had an intuition that Dream Island needed a large population, the more, the better. So, he began instinctively to act on his intuition by building a large number of production factories on Dream Island, recruiting many production workers, and rapidly increasing the total population on the island.
For instance, the production of Dream Island's super high-energy battery, after completing the synthesis and processing of raw materials and Black Gold Element in mini-production workshops, the remaining procedures could be handled by ordinary workers in the factory. Likewise, the production of the high-definition OLED screens for smartphones could be entirely entrusted to ordinary workers. Since the critical aspect of producing these high-definition screens is a highly sophisticated machine, and since these machines are produced in the Drone mini-production workshops, even if the manufacturing process of these high-definition OLED screens was leaked, Yan Fei was not worried that anyone could produce the same high-definition OLED screens.
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