ERJ staff report (LMH)
Tokyo - Sumitomo Rubber Industries said sales in the nine months ended 30 Sept 2012 were up 7 percent totalling yen 499.9 billion. Operating income was up 49 percent totalling Yen 43.7 billion, while net income rose 67 percent to Yen 23 billion.
In the tyres segment, sales were Yen 433 billion in the first nine months of the year, up 7 percent. Operating income reached yen 38.4 billion, up 40 percent.
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News release from Sumitomo