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Toray's profit has fallen sharply

 Last Update: 2022-08-24
 Source: Internet
 Author: User

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Recently, Toray Co.
, Ltd.
reported that the company's net profit for the first fiscal quarter ended June 30 fell 62.
8% to 9.
5 billion yen; operating profit fell 63.
7% year-on-year to 12.
5 billion yen; sales revenue was 397.
6 billion yen, a year-on-year decrease of 22.
5%

Sales of the Fibers and Textiles segment were 145 billion yen, down 25.
9% year-on-year; operating profit fell 50.
3% year-on-year to 7.
2 billion yen

Toray also released its forecast for the full fiscal year ending March 31, 2021

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