I Become a Chaebol in Korea: Unique Insight

After experiencing a tragic car accident, Liu Zhengjie, whose ancestors were from China and who was now an ordinary Korean worker, woke up to find himself the eldest son of the powerful Korean chae...

Chapter 457 A Happy and Warm Home

On this day, the DS Group's large conference room was filled with the company's executives.

Today is the day when DS Group holds its annual management conference. Participants include presidents and senior executives of each subsidiary, totaling more than 200 people.

"The president is here."

Park Jin Hyuk rarely appeared in the conference room of the group headquarters, and everyone stood up when they heard his voice.

"Everyone, please take a seat." Looking at the increasing number of participants and the slightly crowded conference room, Park Jin Hyuk said, "It seems a bit crowded. Today is an annual meeting. Please overcome the difficulties and start now."

Xuan Yizhu walked to the front and reported, "Last year, DS Group achieved operating revenue of 780 trillion won, operating profit of 110 trillion won, and net profit of 70 trillion won."

Park Jin Hyuk listened to Hyun Yi Soo's report while drinking tea.

"Compared to the previous year, revenue increased by 15%, but operating profit and net profit decreased by 7% and 3% respectively, mainly due to the sharp increase in raw material prices last year..."

Park Jin Hyuk interrupted him: "Vice Chairman Hyun, you don't need to explain the reasons. Please ask each subsidiary to report and explain, starting with DS Heavy Industries."

Everyone in the venue felt the pressure.

Companies that have achieved increased performance appear confident when reporting, and what awaits them is the president's praise and all-round support from the headquarters.

These supports include: when parents and family members are seriously ill, the group will hire well-known experts for consultation; if they encounter personal lawsuits, the group will help find famous lawyers to defend them; if their children want to study abroad in famous overseas universities and need Park Jin Hyuk's recommendation, he will spare no effort to help, and so on.

Subsidiaries with poor performance will have a hard time.

"DS Chemicals' revenue fell 22% last year, and it suffered a loss for the first time..."

Park Jin Hyuk asked, "What measures do you plan to take to improve this situation?"