Group enterprises have different risks and earnings in different industries and areas, but a consolidated financial statement cannot fairly present them.

跨行业、跨地区经营的集团企业在不同行业地区的风险收益水平差异很大，合并报表难以反映。

youdao

However, in certain consolidated industries, diversification is next to impossible.

FORBES: Lost In Transaction

China is testing the waters with an array of reactors built by its own government and companies like Areva, Westinghouse and Canada's AECL. Russia, which also controls its nuclear industry--and has recently consolidated its oil and gas industries--is also planning a broad expansion of reactors in what appears to be a play to become an energy superpower.

FORBES: The World's Most Nuclear Nations