Synthetic fibre manufacturer Toray Industries Inc has posted a net profit of JPY19.8 billion for the first half to September, compared to JPY10.9bn in the same period last year.

Fibers and textiles sales in the six months to 30 September were up 5.1 per cent to JPY224.22bn from JPY213.38bn in the same period last year.

Operating profit rose to JPY10.05bn from JPY9.42bn a year ago.

Fibers and textiles accounted for around 39 per cent of sales at parent company Toray group, down from 40 per cent a last year.