Sumitomo Rubber Industries, Ltd. Announces Consolidated Earnings Results for the Six Months Ended June 30, 2021
August 05, 2021 at 02:00 am EDT
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Sumitomo Rubber Industries, Ltd. announced consolidated earnings results for the six months ended June 30, 2021. For the period, the company reported sales revenue was ¥440,082 million against sales revenue of ¥30,088 million a year ago. Business profit was ¥340,038 million against business loss of ¥2,309 million a year ago. Operating profit was ¥28,576 million against operating loss of ¥2,974 million a year ago. Profit attributable to owners of parent was ¥20,501 million against loss attributable to owners of parent of ¥9,341 million a year ago. Basic profit per share was ¥77.95 against basic loss per share of ¥35.52 a year ago.
Sumitomo Rubber Industries, Ltd. is a Japan-based tire manufacturer. The Company operates in three business segments. The Tire segment manufactures and sells tires and tubes for automobiles, construction vehicles, industrial vehicles, race rallies and motorcycles. The Sports segment is engaged in the manufacture and sale of sports items, including golf clubs, golf balls and other golf-related supplies, and tennis-related supplies, as well as the operation of golf tournaments, golf and tennis schools and fitness center. The Industrial Products and Others segment offers vibration suppression dampers, printing blankets, medical precision rubber, slope for wheelchair, and fenders, among others.