Toray posts net income of 40B yen in H1, up 61% year-over-year, net sales of 799.79B yen, up 9.1%; company attributes results to strategy of pursuing expansion in growth business fields, growth regions, bolstering its total cost competitiveness

Alison Gallant

LOS ANGELES , November 3, 2011 (Industry Intelligence) – Toray Industries, Inc. announced its consolidated financial results for the six months ended Sept. 30, 2011. The company posted net income of 40 billion yen for the period, up 61% year-over-year with net sales of 799.79 billion yen in the period, up 9.1%.

The company said its results were attributable to its strategy of pursuing expansion in growth business fields and growth regions as well as its efforts to bolster its total cost competitiveness.

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