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Toray doubled its net profit

 Last Update: 2021-08-28
 Source: Internet
 Author: User

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Recently, Japan’s Toray Industries said that in the first fiscal quarter ended June 30, the company’s net profit tripled to 29.
7 billion yen, compared with 9.
4 billion yen in the same period last year
.

Sales increased by 9.

Toray’s fiber and textile business sales increased by 27.
0% year-on-year to 184.
2 billion yen
.

This is due to the strength of the global apparel industry

In addition, sales of Toray's carbon fiber composite materials business increased by 6.
9% year-on-year to 48.
45 billion yen, but it suffered an operating loss of 2.
1 billion yen
.

Toray has raised its operating forecast for the fiscal year ending March 31, 2022

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