Toyo reports sales, profits up for 12 months to March 2005

Tokyo--Toyo Tire and Rubber has announced its results for the 12 months to March 2005. The company reported revenues of ¥270 000 million (€1988 million), up from 256000 million a year earlier. Operating profits were 12 100 million compared with 7700 million the previous year

The company forecast that in 2006 it would report a net profit of ¥7000 million on sales of ¥290 000 million.

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