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.
