Yokohama Rubber Sees Sales Increase But Profit Decline for 2018

Yokohama Rubber Co. Ltd. (TYO:5101) recently posted its business results for calendar 2018, showing a slight increase to overall sales but a drop in most profit metrics. Across the company’s various divisions, sales rose 0.6 percent year-on-year to reach 650.24 billion yen ($5.89 billion). Business profit was then up 1.7 percent to 59.26 billion yen, but operating profit was down…

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