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Sumitomo 2013 sales, earnings up

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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.

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TB Reader Poll

Previous | Published December 27, 2016

In terms sales and revenue, how is your business shaping up in 2016 vs. 2015?

Both sales and revenue are up
32% (45 votes)
Both sales and revenue are down
23% (32 votes)
Both sales and revenue are flat
19% (26 votes)
Sales are up, but revenue is flat to down
12% (16 votes)
Revenue is up, but sales are flat to down
14% (20 votes)
Total votes: 139
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