Sumitomo Record Improved Half-Year Results

Japanese tyre manufacture, Sumitomo Rubber Industries (SRI) has again improved its half-year results for the six months ended 30 June. In relation to the previous year, sales rose to £1.102 million, compared with £1.

069 million previously. SRI’s operating income improved from £65.1 million in the first half of 2003 to £88.

2 million in 2004. Almost 74 per cent of the company’s turnover comes from the tyre business unit. SRI’s operating income remains at 58.