Japan: Sumitomo Rubber sees net income fall 28% in Q1

Sumitomo Rubber has reported revenue of ¥145.1bn (US$1.77bn) in the first three months of 2011, an increase of 8.2% from the ¥134.1bn reported in the same period of the previous year. However, despite this growth, earnings were under more pressure, with operating income and net profit declining year-on-year in the Subscribe to Automotive World to … Continued

• By Webmaster
• May 20, 2011