Toyo Posts First Quarter Sales, Income Gains

May 13, 2022

Toyo Tire Corp. posted a 16% year-over-year sales increase during the first quarter of the year. The company also achieved a 27.3% year-over-year operating income gain during 1Q 2022.

Toyo's tire business unit achieved a 17.8% year-over-year increase in sales during the first three months of 2022.

And the unit's operating income jumped 28.3% over results posted for the same period in 2021.

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