Diversified products group Toray Industries has reported a 15.3 per cent slip in first-half net profit, but said its fibre and textiles division saw operating profit and sales rises.

Toray said net profit totalled JPY16.75 billion compared to JPY148.34 billion last year, while sales grew 17.9 per cent to JPY678.80bn.

Sales of fibres and textiles rose to JPY288.7bn, while operating income grew to JPY10.4bn.