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JAPAN'S SUMITOMO RUBBER POSTS 8 PCT RISE IN GROUP NET PROFIT.
OSAKA, March 1 Asia Pulse - Sumitomo Rubber Industries Ltd. (TSE:5110) booked more than 5.3 billion yen (US$45.98 million) in consolidated net profit for the fiscal year ended December 2000, up 8 per cent on the year, the company announced Wednesday.
The increase reflected robust demand for its tires from automakers and individual drivers. Exports to Southeast Asia also rose from the year-earlier level.
The firm's sporting goods division more than doubled its group ...
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