Bridgestone’s Q1 net income up 7% y/y to USD596 million
Reconfirms first half and full-year 2018 financial guidance
Bridgestone’s net income increased 7% year-over-year (y/y) to JPY63.4 billion in the first quarter ended 31 March 2018, the Japan-based tire-maker said in a press release on 10 May. Net sales improved 0.9% y/y to JPY859.85 billion. Despite marginal growth in sales, the company witnessed 3.1% y/y drop in operating income to JPY99.89 billion.
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