首页
登录
职称英语
•You will hear a report presented by a journalist from Tokyo.•For each question
•You will hear a report presented by a journalist from Tokyo.•For each question
游客
2025-05-26
27
管理
问题
•You will hear a report presented by a journalist from Tokyo.
•For each question 23--30, mark one letter (A, B or C) for the correct answer.
•You will hear the recording twice.
Results from Japan’s largest petrochemicals companies for the year to March 31st reflect the crisis facing a sector plagued by sluggish domestic demand, over capacity, plunging prices and the appreciation of the yen. News of the sectors cire trading position follow this weeks decision by Showa Denko to sell its polystyrene business.
The company, a marginal manufacturer, sold its 30, 000 tonnes a year Kawasaki plant to Asahi Chemical, Japans largest polystyrene manufacturer with capacity of about 333, 000 tonnes a year, equivalent to about 25 percent of the market. The move was the latest in a series of alliances and mergers as the troubled industry restructures.
Mitsubishi Petrochemical, the country’s biggest plastics group, reported a loss of 8,39bn ($ 80m) compared with pre-tax profits last year of 8.25bn. The group made an operating loss of 13.8bn, the first since 1982. The poor result came despite cost-cutting measures, lower raw material prices, and 4bn worth of profits from equity sales.
Turnover fell 12.2 percent from 372bn to 326bn, as prices and volumes declined. Earnings per share, which reached 52. 5 in 1991, fell to a loss per share of 9.44. The group, which is scheduled to merge with Mitsubishi Kasei on October 1st, cut its dividend from 8 per share to 4.
Mitsubishi Kaseis pre-tax profits fell 76.8 percent from 9.3bn last year to 2.2bn. The group reported its first operating loss in 40 years at 467m, and only managed to post positive pre-tax results by selling 15.7bn worth of equities. Turnover fell 1.8 percent, the fourth yearly decline, to 696bn. The dividend was halved to 3 per share.
Mr. Morihisa Takano, managing director, said the newly merged group would generate pre-tax profits of 10bn on sales of 855 bn during the year to March 1995. He predicted petrochemicals prices would bottom out during the summer. No decision had been made about the dividend, but the new company could pass it during the current year. The pre-tax profits at Mitsui Petrochemical Industries, Japans biggest polyethylene maker, plunged 75 percent from 9bn to 2.26bn on sales down 9.3 percent at 272bn. The company blamed poor demand for the slump which offset the benefits of cost-cutting measures. The dividend is unchanged at 6 per share. The group forecast pre-tax profits for the current-year marginally up at 3bn on turnover of 276bn. Shin-Etsu, one of Japans biggest makers of polyvinyl chloride, reported profits down 26.1 percent from 17. 6bn to 13bn. Sales increased 0.2 percent from 275bn to 276bn. Net profits fell 26.6 percent to 7.08bn, or 421.85 per share. The group maintained the final dividend at 3.75, making the full-year pay out 7.5 per share. Shin-Etsu forecast pre-tax profits for the current year of 15.5bn on sales of 277bn.
The outlook for the petrochemicals industry remains blank. The imbalance between supply and demand for ethylene, the basic building block of petrochemicals, is about 2.8m tonnes of ethylene and is set to deteriorate further this year.
A massive 700,000-tonne-a-year ethylene complex owned by Maruzen, Mitsoi Petrochemical and Sumitomo Chemical comes on stream later this year and Mitsubishi Petrochemical is also commissioning a new 300, 000-torme-a-year plant this year.
选项
A、over capacity
B、high prices
C、high cost
答案
A
解析
转载请注明原文地址:http://tihaiku.com/zcyy/4090507.html
相关试题推荐
Forquestions18-22,choosetheopinionorintentionexpressedWriteoneletter(
Forquestions18-22,choosetheopinionorintentionexpressedWriteoneletter(
Forquestions18-22,choosetheopinionorintentionexpressedWriteoneletter(
Forquestions13-17,choosethepersonwhoisspeaking.Writeoneletter(
Forquestions13-17,choosethepersonwhoisspeaking.Writeoneletter(
Youwillhearanotherfivequestions.Foreachquestiondecidehowmuchisthea
Youwillhearanotherfivequestions.Foreachquestiondecidehowmuchisthea
Mr.Scotthaspresentedatindustryevents[br]Thecaseofsurfboarddealerssh
Mr.Scotthaspresentedatindustryevents[br]OnesuggestionfromMr.Scottis
Mr.Scotthaspresentedatindustryevents[br]Aseller’swebpagesshouldbeo
随机试题
InrectangleABCDbelow,AB=5,AF=7,andFD=3.Findthefollowing.(a)Area
Americaisthelandoftheautomobile.Thiscountryhasonly6percentoft
下列关于短语的表述,正确的有( )。A.“又唱又跳”是连谓短语 B.“是他报
A.90g B.25g C.500g D.200g E.10g一个交换份
以下有关神经纤维的叙述,正确的是A.以上都是 B.指神经元的轴突及感觉神经元树
统计执法检查机构在向检查对象查询有关事项时,应发出( )A.统计检查查询书
根据《中华人民共和国合伙企业法》的规定,合伙协议应当载明的内容包括( )。
多发性骨髓瘤的诊断常用的电泳方式为A.火箭免疫电泳B.免疫固定电泳C.区带电泳D
女性,62岁。行心脏介入治疗手术后,术后使用头孢噻肟钠和甲硝唑预防感染,第5天出
喜乐至于()相当于()之于美德A.快乐——伦理 B.情绪——诚信 C.
最新回复
(
0
)