Teijin Limited, a Japanese manufacturer of carbon fibre and apparel products, posted a 15.0 per cent sales increase to ¥453.4 billion (Japanese yen) in the second quarter (Q2) of FY21 ended on September 30, 2021, over the same period of previous fiscal. Profit attributable to owners of parent during the quarter expanded 34.8 per cent to ¥21.6 billion (Q2 FY20: ¥16.0 billion).
Teijin Ltd, a Japanese manufacturer of carbon fibre and apparel products, posted 15 per cent sales rise to ¥453.4 billion (Japanese yen) in the second quarter (Q2) of FY21 ended on September 30, 2021, over the same period of previous fiscal. Profit attributable to owners of parent during the quarter expanded 34.8 per cent to ¥21.6 billion (¥16.0 billion).#
Gross profit improved to ¥139.6 billion (¥126.2 billion), and company’s operating income marginally rose to ¥31.4 billion (¥31.0 billion).
Teijin Ltd, a Japanese manufacturer of carbon fibre and apparel products, posted 15 per cent sales rise to ¥453.4 billion (Japanese yen) in the second quarter (Q2) of FY21 ended on September 30, 2021, over the same period of previous fiscal. Profit attributable to owners of parent during the quarter expanded 34.8 per cent to ¥21.6 billion (¥16.0 billion).#
By segment, materials business recorded the highest sales to ¥190.8 billion (¥126.3 billion), whereas fibres and products converting business dropped to ¥133.5 billion (¥158.1 billion).
Teijin Ltd, a Japanese manufacturer of carbon fibre and apparel products, posted 15 per cent sales rise to ¥453.4 billion (Japanese yen) in the second quarter (Q2) of FY21 ended on September 30, 2021, over the same period of previous fiscal. Profit attributable to owners of parent during the quarter expanded 34.8 per cent to ¥21.6 billion (¥16.0 billion).#
Teijin has not revised its outlook for the fiscal and estimates sales to reach ¥900.0 billion during the FY21.
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