Bridgestone’s income soars despite unchanging sales in year-to-date

ERJ staff report (LMH)

Tokyo – Bridgestone Corp. has reported a 42.5-percent increase in operating income for the nine months ended 30 Sept 2012, totalling Yen 204.3 billion (Euro 1.9 billion). Sales for the period were Yen 2226 billion, down less than 1 percent year-on-year. Net income was up 41.1. percent at Yen 115.8 billion.

In the tyres business, operating income was up 36 percent totalling Yen 185.4 billion, on slightly decreased (-1 percent) sales of yen 1860.3 billion. Bridgestone noted that in Europe and China,…

To read more,please login or register below.

This is the first step to more free
content, user offers, subscriptions
and more.
Log in here using the Email Address
and Password you signed up with