Tokai profits jump in first quarter
ERJ staff report (DS)
Tokyo - Tokai Rubber Industries has reported substantially improved results for the three months to 30 June 2012. The improvement reflects the very difficult period following the Great Tohoku earthquake of March 2011.
Sales increased by 41 percent to yen 68,200 million (euro 710 million) while operating income increased by nearly 80 percent to yen 2825 million.
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Press release from Tokai (Japanese language)
Above press release auto-translated (from Japanese language)
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