Volume 6 Chapter 56 - We’re here to buy your company (1/2)

There was a cold wind that suddenly came in from the door and blew across old man Luff who was in front of the door. He couldn’t help giving a shiver as his hand trembled and the pen he was holding fell down, creating a long line on the paper he had been writing on.

“Damn!” OId man Luff couldn’t help cursing. He looked up at the door that had been strangely blown open and stood up to quickly close it.

“That damn hag, she doesn’t even know how to close the door properly when leaving.”

Old man Luff cursed in a low voice before returning to his desk.

Seeing that the line on the paper had covered everything, he couldn’t help cursing again. He crumpled up the paper and threw it in the trash can near him before looking down to start working again.

Actually, after this accounts book was finished, other than his wife Antilla who took a look from time to time, there was no one else who looked at it. Even if there were a few lines through it, it didn’t matter at all.

But old man Luff was a bit obsessed with this accounts book, so he didn’t like seeing a big mistake like this.

Moreover, even if he only looked at this accounts book from time to time, it represented the small summary of his Luff Chamber of Commerce’s yearly income. For him as the chairman, the process of writing this book gave him a very wonderful feeling, so he hoped that it would be as perfect as possible.

After leaning over the table for around twenty minutes, old man Luff finished the last record and made sure that the book was a success.

Picking up this book that wasn’t that thick to read over three times, old man Luff gave a satisfied nod.

Based on the figures in this book, his Luff Chamber of Commerce had 176431 gold coins in sales this year and had a net profit of 89213 gold coins.

This meant a profit margin of 50% which was a bit exaggerated.

Of course, this was related to the Luff Chamber of Commerce’s main product.

The profit margins of magic machines had always been high, that was common knowledge in the magic machine business.

Although there were more and more companies joining the business, the profits were being pushed down, it was still able to reach 50% which was higher than all the other industries.

There would always be a shocking profit margin at the end of the year, so old man Luff wanted to sincerely thank the Frestech Chamber of Commerce.

If it wasn’t for the Frestech Chamber of Commerce starting the magic machine business, he would still be a small merchant in Saltan City. The Luff Chamber of Commerce would still be a small goods company and it would be incredible if they could even earn a few thousand gold coins a year.

But now, the Luff Chamber of Commerce under him sold Magic Kettles and Magic Stoves, earning over ninety thousand gold coins a year. It was much greater compared to before.

Of course, he was very happy with his decision back then.

It was a good thing that when the Frestech Chamber of Commerce announced they were willing to transfer the magic machine technology, he had gritted his teeth and used thirteen thousand gold coins to buy the Magic Kettle technology from the Frestech Chamber of Commerce.

Then he bought several production magic machines from the Frestech Chamber of Commerce and built a Magic Kettle production line with the help of their technical staff. Even with the crude Magic Kettle production line, it had brought the Luff Chamber of Commerce quite a bit of profit.

In just three years, he had already paid off the money he had paid for the Magic Kettle technology.

He then gritted his teeth again and spent some more money to buy the technology for the Magic Stove and the necessary production magic machines from the Frestech Chamber of Commerce.

In just two years, just with the Magic Kettles and Magic Stoves, the Luff Chamber of Commerce’s profits this year was over ninety thousand gold coins.

With this, in just two years, he would be able to pay off everything he owed and he would be earning pure profit in the following years.

Whenever he thought of this, old man Luff would feel very happy.

Of course, he had some regrets.

If he had been good enough, when the Frestech Chamber of Commerce invited the Lampuri Kingdom’s magic machine companies to build factories in the Marlow Empire, he would have gone with them.

Old man Luff now had blind fate in the Frestech Chamber of Commerce, or rather their chairman Xu Yi.

He believed from the bottom of his heart that as long as it was chairman Xu’s decision, it would definitely be a good one.

Following chairman Xu would mean great profits.

But to invest in a factory in the Marlow Empire required at least two hundred thousand gold coins and old man Luff was unable to take that much out.

He felt that he had missed a good chance and when he would have enough money to invest, it wouldn’t be as good as being one of the first to invest.

“Forget it, who told me to still be weak.” Old man Luff shook his head and could only let his regrets run away. He looked at the accounts book on the table and revealed a smile again.