KOBE, Japan (Feb. 18, 2014) — Sumitomo Rubber Industries Ltd. reported double-digit gains in operating and net income for fiscal 2013 on 9.9-percent higher sales.
The company’s operating earnings for the year rose 10.5 percent to $788.7 million while net income jumped 26.4 percent to $458.5 million. Sales revenue increased to $7.99 billion.
Sumitomo offered no commentary on the results, issued as a Flash Report on the firm’s website.
Business unit and geographical breakdowns were not disclosed at this time.
Do you give any credence to news reports trying to link cancer in youth soccer players to crumb rubber used in artificial turf?
|Yes. Where there’s smoke there’s fire.||
|No. There’s no proof to make the claim.||
|I’m undecided and think there needs to be an independent study.||
|Total votes: 136|