Tokai net income up by 162% in fiscal 2012

ERJ staff report (LMH)

Tokyo - Tokai Rubber Industries has reported net income for the fiscal year 2012 ended 30 March of Yen 3 billion (Euro 31 million), up 162.7 percent year-on-year, on sales of Yen 132 billion. Sales were up 16.6 percent year-on-year.

For the first quarter ended 30 June 2012, net income was Yen 1.8 billion on sales of Yen 68 billion. Sales were up 41 percent from the same period last year.

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Press release from Tokai Rubber Industries (auto-translated from Japanese)