GMV 0.00% 3.9¢ g medical innovations holdings limited

Thanks RV Here is stating the obvious: Margins depend on...

  1. 6,165 Posts.
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    Thanks RV

    Here is stating the obvious:
    Margins depend on operating costs.


    For instance, a major opre cost - salary/wages:

    Electronic Technicians - average salary in
    USA = US$48,000
    China = US$16,000 (CNY98,000) ,
    saving of 67% (32000/48000)


    Saving = U$32,000 ea ,
    x 50 e/ee
    =U$1. 6millions, a year


    What about other saving on costs to improve margins:
    factory set up/lease, power, raw material, etc?
    They all add up....


    Food for marginal thoughts?
    Cheers
    G
    Last edited by Glyco: 10/02/18
 
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