Teijin Reports Revenue Growth Amid Operating Losses

Teijin (JP:3401) has released an update.

Teijin Limited has reported a notable increase in revenue to 507.5 billion yen for the first half of 2024, marking a 7.5% rise compared to the same period last year. However, the company faced significant challenges, with operating losses reaching 47.7 billion yen and a substantial decline in profit attributable to owners of the parent. Despite this, Teijin plans to pay a dividend of 25 yen per share, reflecting a positive outlook for investors.

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