
TOKYO -- Toray Industries shares touched a roughly five-month high Monday even after the Japanese materials maker reported a smaller first-quarter profit. The secret to the counterintuitive success lies in the carbon fiber business.
Stock hits nearly half-year high even as quarterly profit shrinks
TOKYO -- Toray Industries shares touched a roughly five-month high Monday even after the Japanese materials maker reported a smaller first-quarter profit. The secret to the counterintuitive success lies in the carbon fiber business.
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