The Goodyear Stock Hits New 52-Week High
Shares of The Goodyear Tire & Rubber Company (NASDAQ:GT) hit a new 52-week high on…
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Mai 17, 2021
Toyo Tires‘s first-quarter financial reports indicate that the company posted net sales of 82,094 million yen (approximately $764.3 million), a decrease of 8.9% from the same period of fiscal year 2019.
Toyo’s tire business net sales (approximately $673.09 million) was down 8.2% from Q1 2019, while its automotive parts business net sales (approximately $91.07 million) was down 14% from Q1 2019.
The company’s operating income at the end of Q1 2020 was 6,936 million yen (approximately $64.57 million), a decrease of 31.8% from Q1.
Source: Tire Review
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