Toyo Tire Corp. increased its year-over-year net sales by 14.5% and its year-over-year operating income by 46.1% during 2021.
The company's tire business enjoyed a 15.7% increase in sales and a 43.7% increase in operating income versus 2020.
Toyo's auto parts business posted a 5% increase in sales 2020 versus 2021.
