Japan: Sumitomo Rubber bounces back to profit in Q1

Sumitomo Rubber Industries has announced net revenue of ¥134.12bn (US$1.44bn) in the first quarter of 2010, an increase of 23.1% from the ¥108.93bn reported in Q1 2009. Revenue in the company's Tires operation alone rose 26.2% to ¥111.57bn (Q1 2009: ¥88.40bn) while on a geographic basis, group revenue in Japan from Subscribe to Automotive World … Continued

• By Webmaster
• May 7, 2010