Ruijing Commerce's nationwide annual sales were over four billion, but its yearly profit was less than two hundred million. Its net profit margin was barely better than bank interest.
The Ruijing Commerce Qingjiang Branch used to contribute nearly twenty million in profit annually, making it one of the better branches in the country. Although its sales volume was only average, its profit margin ranked among the top nationwide, mainly due to the support from the Xinyue Group's Qingjiang Region.
Now, all of that was gone. The tide had gone out, revealing that they had been swimming naked all along.
