Toyo Tire reports Q1 net profit of USD542,299
Expects net income of JPY24 billion in FY 2016
Toyo Tire has reported a net income of JPY61 million (USD542,299, 31 March 2016) for the first quarter ended 31 March 2016, compared with a net loss of JPY3 billion (USD27.2 million, 31 March 2015) for the corresponding quarter of 2015, according to a company press release.
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