The Yokohama Rubber Co., Ltd., announced today its business and financial results for fiscal 2020 (January to December 2020). Sales revenue declined 12.3% from the previous year, to $5.3 billion; business profit declined 26.6%, to $344.7 million; operating profit declined 37.8%, to $341.3 million; and profit attributable to owners of parent declined 37.3%, to $246.4 million.
Yokohama reversed the downward trend in earnings in the fourth quarter (October to December) and posted record-high October-December figures…
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