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Toray Industries ( (JP:3402) ) just unveiled an update.
Toray Industries reported a robust financial performance for the nine months ended December 31, 2024, with revenue increasing by 5.2% to ¥1,923,897 million compared to the previous year. The company saw significant growth in its core operating income by 40.9% and a 57.5% increase in profit attributable to owners of the parent. This growth reflects strong performance across segments, particularly in performance chemicals and carbon fiber composite materials, positioning Toray favorably in the market and potentially benefiting stakeholders with improved earnings per share.
More about Toray Industries
Toray Industries is a diversified multinational corporation based in Japan, primarily operating in the fibers and textiles, performance chemicals, carbon fiber composite materials, environment and engineering, and life science sectors. The company is listed on the Tokyo Stock Exchange and is known for its advanced materials and technologies, serving a wide range of industries globally.
YTD Price Performance: 12.48%
Average Trading Volume: 565
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $11.41B
See more data about 3402 stock on TipRanks’ Stock Analysis page.
