Toray Industries 1Q 2024 results: revenue up 10.3%, operating income surges 83.1%
TOKYO, August 7, 2024-
Toray Industries today released its earnings report for the three months ended June 30, 2024. Revenue grew by 10.3% compared with the same period of the previous fiscal year to 637.7 billion yen ($4.3 billion). Core operating income grew by 67.8% to 36.8 billion yen. Operating income jumped by 83.1% to 38.1 billion yen. Profit attributable to owners of parent surged 92.6% to 26.9 billion yen.
In terms of its fibers & textiles segment, during the period under review, revenue achieved a year-on-year increase of 9.4% to 244.8 billion yen. Core operating income rose by 35.7% to 14.8 billion yen.
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