Yokohama earnings rise in six months to September

Tokyo — The Yokohama Rubber Co., Ltd., posted a 10.7 percent increase in operating income, to 4786 million yen (Euro 34.5 million), in thesix months ended September 30. The company posted a 6.1 percent increase in net sales, to 201 300 million yen (Euro 1453 million). Growth in unit sales of tyres and progress in reducing costs more than offset increases in raw-material costs, said the company.

Leading the sales growth were gains in Yokohama’s tyre operations in North America and in Europe. The…

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