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中国经济放缓 茅台收益攀升 Bottoms Up, Profits Up: Moutai Def

更新时间:2012-09-13    来源/发布:www.en369.cn    作者/编辑:英语作文网

Officials wring their hands about China's slowing growth. Stock analysts warn of slumping profits at listed Chinese companies. Nervous economists call for more economic stimulus.
官员们对中国经济增长放缓束手无策。股市分析师警告说中国上市公司利润下滑。紧张不安的经济学家呼吁政府出台更多的经济刺激措施。
Times may be tough in China but not everyone shares the pain: Kweichow Moutai, the maker of the fiery liquor that looks harmless but has the kick of jet fuel, is finding plenty of reason to celebrate amid the gloom.
中国的日子可能不好过,但痛苦并非属于每一个人:贵州茅台(Kweichow Moutai)将找到很多值得它在经济低迷之际庆祝的理由。贵州茅台生产的烈酒看似无害,后劲却不小。
The company, which comes close to being a 'national champion' and says that its form of baijiu (or 'white alcohol') is one of the world's three most famous liquors, announced that it is raising the prices of some of its beverages by 20-30%. That launched the shares of the company's stock nearly 6% on the Shanghai stock exchange on Tuesday. Talk about elastic demand.


该公司宣布将把部分白酒的价格提高20%至30%。该公司在上海证交所上市股票价格周二随之上涨近6%。看看茅台酒的需求恢复得有多快。贵州茅台几乎可以说是“全国冠军”,它声称自己生产的白酒是世界三大名酒之一。
Analysts who follow the stock were tipsy with delight, saying the move puts the company on track to meet its target of a 51% increase in 2012 revenue.
关注该股的分析师欣喜若狂,他们说此举使该公司有望实现2012年收入增长51%的目标。
'The price hike, which is in line with our expectations, will offer strong support to Moutai's full-year earnings growth,' GF Securities said, adding the higher prices could bring Kweichow Moutai additional revenue of at least 2 billion yuan ($317 million ). The brokerage house expects Kweichow Moutai to post earnings per share of 13.34 yuan this year and 18.22 yuan next year compared to 8.44 yuan in 2011.
广发证券(GF Securities)说,提价符合我们的预期,这将为贵州茅台全年收益增长提供强劲支撑。广发证券还说,提价将可能使贵州茅台增收至少人民币20亿元(合3.17亿美元)。该经纪商预计贵州茅台今年每股收益将为13.34元,明年将为18.22元,相比之下,2011年为8.44元。
What is their secret?
其中的秘密何在?
Taking a cue from a slogan on the company's website 'Drinking with Bosom Friends: There is Knowledge in Drinking Moutai' perhaps the secret lies in the knowledge, widely held, that this is the drink of choice for conspicuous consumption, and most conspicuously at state banquets.
从该公司网站上的一句口号可以窥知一二──酒逢知己:畅饮茅台大有学问(Drinking with Bosom Friends: There is Knowledge in Drinking Moutai)。或许秘密就在人们中间存在的一种普遍认识:茅台酒是炫耀性消费的首选酒,公务宴请场合喝得尤其多。
While the company offers some 'common liquor' for those with a moderate budget, it has a full lineup for the tippler with a passion and a reliable expense account. There's the Elite General and Classic Moutai Prince. And, if the aim is to impress your closest friends (or maybe bestowers of official favors), there's the Golden Luxury gift liquors. Moutai also has aged 15-year, 30-year, 50-year and 80-year offerings that pack a wallop, particularly to someone else's tab.

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