Manufacturing Industry
Carbon Fiber Producer Toray's Pretax Profit Triples in 2nd Qtr 2003.
Advanced Materials & Composites News, September, 2003
August 5, 2003 - Toray Industries Inc. announced that its group pretax profit for the April-June quarter grew more than 300% from the same period in 2002, 8.42 billion yen ($70.1 Million) from 2.72 billion yen because of its restructuring efforts. Toray Industries is Japan's biggest synthetic fiber maker and well known for its carbon fiber and prepreg products in the CFRP composites business.
Toray also noted that its group operating profit jumped 123.0% to 9.43 billion yen and sales grew 6.3% to 251.73 billion yen ($2.1 Billion). The company said its strong quarterly results resulted from its corporate restructuring efforts and promotion of a new business plan focusing on developing new materials and products. W: http://www.toray.com
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
