Teijin Restricted Q3 FY20 gross sales fall 5.8% to ¥610 bn

Teijin Ltd, a Japanese firm engaged in aramid, carbon fibre and composite molding materials, posted 5.8 per cent gross sales decline year-over-year to ¥609.7 billion (Japanese yen) in its third quarter (Q3) FY20 ended on December 31, 2020, in comparison with ¥647.4 billion in similar interval prior fiscal. Revenue for the quarter slipped to ¥28.7 billion (¥31.5 billion).

Gross revenue for Q3 FY20 dropped to ¥189.6 billion (¥200.9 billion), whereas promoting, common and administrative bills was ¥144.4 billion (¥152.7 billion). Working earnings for the nine-month interval fell to ¥45.2 billion (¥48.2 billion). Whereas strange earnings was ¥42.8 billion (¥47.4 billion).

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Gross sales of Supplies phase decreased to ¥205.9 billion (¥250.1 billion) and Healthcare phase gross sales had been ¥111.8 billion (¥119.2 billion). Nonetheless, Fibres & merchandise changing phase gross sales grew to ¥237.0 billion (¥231.4 billion).

Teijin Ltd, a Japanese firm engaged in aramid, carbon fibre and composite molding materials, posted 5.8 per cent gross sales decline year-over-year to ¥609.7 billion (Japanese yen) in its third quarter (Q3) FY20 ended on December 31, 2020, in comparison with ¥647.4 billion in similar interval prior fiscal. Revenue for the quarter slipped to ¥28.7 billion (¥31.5 billion)