India, Aug. 13 -- Yokohama Rubber Co said it achieved record first-half results with sales revenue climbing 10.3 percent to 579.2 billion yen, driven by strong demand for its premium tyres and successful integration of acquired operations.
The Japanese tyre manufacturer reported business profit rose 13.8 percent to 62.1 billion yen for the six months ended June 30, marking new highs for first-half performance. However, operating profit declined 2.5 percent to 54.9 billion yen, whilst profit attributable to shareholders fell 23.7 percent to 35.5 billion yen.
The company attributed the growth in consolidated business profit to robust performance from existing operations, which offset one-time costs related to its acquisition and consolida...
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