Toyo Posts Second Quarter Sales Increase

Aug. 10, 2022

Toyo Tire Corp. posted a year-over-year sales increase of 20% and a year-over-year operating income increase of 3.7% during the second quarter of 2022.

The company's tire business unit achieved a sales gain of 22.5% during 2Q 2022 versus the same period last year.

The tire unit also increased its year-over-year operating income by 2% during the second quarter.