Toyo Tire’s Q1 net income up 14.4% y/y to USD63.3 million

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Financial results

Sales decline 4.4% y/y

Toyo Tire has reported a 14.4% year-n-year (y/y) growth in net income to JPY6.7 billion (USD63.3 million) for the first quarter ended 31 March 2018, according to a company press release on 11 May.

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