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Toyo Achieved Sales, Income Increases During 1Q

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Toyo Tire Corp. increased its operating income by 83.1% during the first quarter versus 1Q 2020 numbers.

Toyo Tire Corp. achieved a net sales increase of 6.9% during the first quarter of 2021 versus 1Q 2020 levels, as well as an 83.1% jump in operating income compared to the same period last year.

The company's tire business unit achieved a year-over-year sales increase of 7.5% and a year-over-year operating income increase of 78.3% during 1Q 2021.

 

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