商务英语考试

解析:·You will hear a report presented

来源:网考网商务英语 所有评论

【单选题】
·You will hear a report presented by a journalist from Tokyo.
·For each question 23--30, mark one letterA,B、orC、for the correct answer.
·You will hear the recording twice.

The crisis met by Japanese chemical groups is caused by, one of the reasons ______.A.A、over capacity
B.B、high prices
C.C、high cost

网考网参考答案:A
网考网解析:

[听力原文] 23-30 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 sal 查看试题解析出处>>

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