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Majority posts profits in Game

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UNDER a favourable economic climate, most teams taking part in the Hong Kong Management Game were able to post a profit in Period 4.

A star team achieved an after-tax profit of $6.73 million and five others exceeded $4 million, while the average profit made by teams amounted to $81,506.

The average order by teams was 83,128 units of Product AW, 267,217 units of Product AI and 42,904 units of Product DI.

Fifty-two companies were left with no stocks, while five others sold out of either one or more products.

As the demand for products was so high, teams reduced their investments in marketing and product development by 40 per cent and 30 per cent respectively.

In anticipation the market would grow, teams invested heavily to expand capacity.

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