Net Earnings From Bridgestone Decline Sharply
Bridgestone has announced a sharp decline in net earnings for the first half of this year, which were US$ 178 m. The reason for the decline is the voluntary tyre recall in North America. Sales were down 4.
8%, reaching US$ 9.35 for the first half year. The decline in the tyre sector was 5.
9% and that in the non-tyre sector was only 1%. Operating profit fell by 7.6% to US$ 890 m.
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