For the fiscal period ended Dec. 31, 2011, the Yokohama Rubber Co. Ltd. posted net income of 11.6 billion yen on operating income of 26.3 billion yen and net sales of 465.1 billion yen. (The company has shifted to calendar-year fiscal accounting as of 2012 from its previous April-to-March accounting. That resulted in a one-time-only nine-month fiscal accounting period, and year-on-year comparisons are therefore unavailable.)
Tags: company financials, Yokohama
Roy Armes, chairman, CEO and president of the Cooper Tire & Rubber Co., says in its third quarter, the company was able to show improvement in its margins “even with the persistent challenges of high raw material costs and sluggish demand in key markets and product lines where we have significant exposure. Our sales growth resulted in the company's first quarter with over $1 billion of sales.”
Tags: company financials, Cooper Tire & RubberCo., Tire prices
Cooper Tire & Rubber Co. reported net income from continuing operations attributable to Cooper Tire of $17 million for the quarter ended Sept. 30, 2011, a decrease of $28 million from the same period in 2010. Net sales were $1.05 billion, an increase of $171 million, or 19%, from the prior year and a record for any quarter.
Tags: company financials, Cooper Financials, Cooper Tire & Rubber Co.
Moder Tire Dealer
© Copyright 2012 Modern Tire Dealer. All Rights Reserved.