QINGDAO, China — Qingdao Doublestar Group, the controlling shareholder in South Korea's Kumho Tire Co. Inc., suffered a 75% drop in fiscal 2018 net earnings on 6% lower sales, according to figures in the company's recently released annual report.
TOKYO — Despite reporting lower operating income in its first fiscal 2019 quarter, Yokohama Rubber Co. Ltd. has revised upward its full-year earnings forecast based on projected gains from the sale of undisclosed fixed assets.
TOKYO — Bridgestone Corp.'s first-quarter operating income dropped 22.8 percent on 1.3-percent lower sales on the negative effects of higher raw materials costs and an ongoing restructuring in Bridgestone's diversified products unit.
TRELLEBORG, Sweden — Despite record quarterly pre-tax operating income, Trelleborg A.B. management was not satisfied with the company's first-quarter results as the operating result slipped more than a full point.