Toyo Achieves 79.9% Operating Income Gain During 3Q

Nov. 15, 2021

Toyo Tire Corp. posted a 79.9% increase in operating income and a 14.6% increase in sales during the third quarter of 2021 versus the same period last year.

The company's tire unit boosted its year-over-year sales by 15.1% and increased its year-over-year operating income by 71.3% during 3Q 2021.

Toyo has not changed its outlook for the full year of 2021.

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