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.
What shape do you think the U.S. infrastructure is in?
|It’s a disaster and getting worse every day||
|It needs some work but is basically sound||
|The media and politicians have blown it out of proportion||
|I don’t see a problem||
|Total votes: 191|