Toray Industries (JP:3402) has released an update.
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Toray Industries, Inc. reported robust financial growth in the first quarter of 2024, with a 10.3% increase in revenue to ¥637,726 million and a significant improvement in profits, with profit attributable to owners of the parent surging by 92.6% to ¥26,859 million. The company’s core operating income also rose sharply by 67.8%, indicative of a strong operational performance across its diverse segments including Fibers & Textiles and Performance Chemicals.
For further insights into JP:3402 stock, check out TipRanks’ Stock Analysis page.
