Tag: Sumitomo Rubber posts drop in Q1 sales

Sumitomo Rubber posts drop in Q1 sales, earnings

SUMITOMO Rubber Industries Ltd. has reported sales and earnings slipped for the first quarter ended March 31. Operating income fell 6.5% to US$162.3 million in the first quarter. Sales also hit low at 1.8% to US$1.78 billion. Net income dropped…