Toray Industries (JP:3402) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
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.