Toyo Tires Posts 9M Results, Sales up 23.9%

Toyo Tires reported net sales of 350.43 billion yen ($2.56 billion), up 23.9 percent year-on-year, operating income of 31.39 billion yen, down 20.9 percent, ordinary income of 45.29 million yen, up 8.4 percent, and net income of 44.77 billion yen, up 55.1 percent, for the nine months (January-September) of the fiscal year ending December 31, 2022. Operating income saw increases…

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