Toyo reports sales and profits up in the first nine months

ERJ staff report (DS)

Osaka, Japan -- Toyo Tire & Rubber Co. Ltd has reported higher sales and profits for the nine months ended December 31.

Net Sales increased by 4 percent to 226,496 million yen (euro 2035 million). Operating Income jumped 65 percent to 10,501 million yen (euro 94 million)

The tyre business unit posted net sales of 166,796 million yen and operating income

of 7,942 million yen.

The DiverTech (non-tyre) business units posted net sales of 59,517 and operating income of

2,444 million yen.

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Press release from Toyo