
Amir took a breath. Actually, Amir's position was very high. Amir doesn't have to be so polite to Andre.
However, the problems Amir was facing were already uncontrollable now. Damur Provincial Electric Company has tried to do everything, but the results remain unsatisfactory.
Amir can only ask Andre for help. However, Amir also did not know if Andre could help him, as well as how much help Andre could provide.
However, since Andre can find out the problem that Damur Provincial Electricity Company is facing, Andre can certainly find a solution to this problem as well.
Andre's gaze darkened. Andre's expression didn't look as relaxed as it was just now.
"Pak Amir, compared to me, you understand more about the problems that the Damur Provincial Electricity Company is facing. I also told this to Mr. Evan. Actually, the problem you are facing can be summed up in two words, namely lack of money!"
"You may be falsifying financial statements, but many of the other listed companies on Intrana are also falsifying financial statements. If described with
rough language, this is called falsifying financial statements. If explained in subtle language, it's called financial planning."
"If you want to save the Damur Provincial Electricity Company, there are three things to do!"
Andre looked at Amir while pointing three fingers.
Amir nodded. Amir started working at Damur Provincial Electricity Company since the revolution era. Amir worked hard and continued to rise in the ranks, until finally becoming the director of Damur Provincial Electricity Company.
Amir was able to manage the company, but lacked understanding of how to manage finances. When the Damur Company Electric Company was registered in the market first, Amir had not been a director of the Damur Company Electric Company.
So, even though the income of Damur Electric Company skyrocketed in recent years, the amount of debt caused by false financial statements has become more and more....
"First of all, freelance the peripheral industry!"
Andre looked at Amir. Amir.
"Peripheral industry?"
Andre smiled and said, "The Damur Provincial Electric Company should focus on the electricity industry. Your company has monopolized the market. Most of your income comes from this industry. Other industries such as property, finance, investment and others are peripheral industries that are not too important."
"Now, if you want to maintain the Damur Provincial Electric Company, Mr. Amir must dare to take risks and release all other industries!"
"Sell assets related to these peripheral industries, or directly pawn to the bank. So, you'll have enough cash."
"Once you have money, you can take the next step!"
Andre stopped talking for a moment and leaned back in the chair.
"Sir Amir, you have to tell me something. How much money is in the Company's account
Damur Province electricity now?"
Andre looked at Amir.
Amir reached out his hand, then showed the numbers one and six with his finger.
"A hundred and sixty billion?" Amir nodded.
Andre took a deep breath. The condition of this company was worse than he had imagined.
One hundred and sixty billion sounds a lot. However, after being deducted by employee salaries, machine maintenance costs, channel upgrade costs, daily administrative costs, sales costs, unloading costs, transportation costs, and the cost of buying raw materials, he said, the amount of money that can be used is arguably less than sixty billion.
What is the use of sixty billion for Electricity Companies
Damur province?
The income of Damur Provincial Electricity Company every year is very much. The amount of money this company has should not be this small.
However, electricity and gas are not only used by residents.
There are many state enterprises in Damur Province. In the past few years, there have been many factories and companies that have not gained much profit. Since the Damur Provincial Electric Company is also a state company, they postpone the payment of electricity and gas costs as much as possible.
Even when the Damur Provincial Electric Company threatened to cut off gas and electricity, soon there would be people coming. This person will have the Damur Provincial Electricity Company recover the power and gas supply.
Payment of electricity and gas costs was delayed for years, until Amir became director of Damur Provincial Electricity Company.
The longest time record is held by a factory.
The plant has not paid electricity and gas costs for more than seven years.
Just this factory alone was already owed as much as tens of billions.
If electricity and gas are cut off, the factory is increasingly unable to earn income, also increasingly unable to pay electricity and gas costs. However, if electricity and gas are not cut off, companies that defer payment of electricity and gas costs will continue to owe.
In these circumstances, even though Amir is very good, Amir still can not cover the lack of funds of this size!
After all, Amir could not solve this problem. This problem builds over time. If Amir is frank about the lack of funds, then the Damur Provincial Electricity Company runs out. Another option is to defend false success.
Amir did not have a solid foundation at the time, so Amir chose the second option. However, this problem is getting worse. This matter seems to be destroying the Damur Provincial Electric Company right now. Amir must act.
However, when Amir wanted to solve this problem, Amir was not able to find a solution.
Andre lit a cigarette. "There are sixty billion in the account, plus the money that will be earned after selling peripheral assets, a maximum of three hundred billion will be made. Although not too much, at least enough...."
"Next is the second stage. This stage is very easy. Announce that Electronic Damur will be separated from the parent company. In addition, Elektronik Damur will buy shares of several well-known semiconductor companies. At the same time, publish financial matters, pay fines, then sue all companies in Damur Province who are in debt!"
Amir was drinking. After Amir heard what Andre said, Amir almost spouted the tea in his mouth.
Publish financial issues!
Amir thought, 'Take care of me if this is published!'
"Sir Andre, this cannot be published. If financial problems are published, the stock price of the Damur Provincial Electricity Company will definitely drop dramatically. Then, this company will not be able to be saved again!"
Amir spoke with excitement.
Evan who was on the side also felt this strategy was not good.
Damur Provincial Electric Company is on the verge of bankruptcy. In order to avoid this from happening, they are trying to find a way to cover the lack of funds.
However, Andre instead chose to expose the scandal
it's alone!
Isn't this the same as looking to die?
Andre laughed coldly. "Pak Amir, Damur Provincial Electric Company is like a plane that must make an emergency landing now. There are only two ways to land. The first way is to land slowly, the second way is to land forcibly."
"What do I mean by landing slowly? Take advantage of operating advantages to cover the deficit slowly. However, the time it takes is very long. For so long, you will not be able to compete with the factories that owe the Damur Provincial Electric Company."
"Every penny you get will be used to pay the factories' debts."