Toray Industries suffered a 24.5 percent drop in net income...

2013-05-15T00:00:00

Toray Industries suffered a 24.5 percent drop in net income to 48.5 billion yen (€367.9m-$478.3m), falling below its previous projections as its sales grew by only 0.2 percent to ¥1,592 billion (€12.0b-$15.7b) due to lower demand from the automotive sector and the economic slowdown in Europe and China. However, its ...

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