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Article: BUSINESS PERFORMANCE
- Article from:
- Asian Textile Business
- Article date:
- January 1, 2004
- Author:
CopyrightCopyright Osaka Senken Ltd. Jan 2004. Provided by ProQuest LLC. (Hide copyright information)
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Synthetic Fiber Makers Report Gains for Fiscal First Half
The business performance of seven Japanese synthetic fiber producers for the six-month period ending in September 2003 showed increases in sales and profits on a consolidated basis. Most of the producers say that profits improve for their fiber & textile business, but the polyester fiber business remained unprofitable for most of them with the exception of Toray Industries, Inc.
Teijin Limited increased its consolidated sales in fiber and textiles by 3% and operating profits by 19%. However, Teijin Fibers, the group's synthetic fiber division, registered operating losses of 500 million yen. Its three polyester fiber subsidiaries ...