Toyo Tires’ Q1 2020 net sales drops 8.9% y/y to USD770 million

News
Financial results

Net income drops 62% y/y

Toyo Tires’ net sales decreased 8.9% year-on-year (y/y) to JPY82 billion (USD770 million) in the first quarter of 2020, according to a company press release on 12 May.

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