Bridgestone Posts Surge In Q2 Profit, Lifts Forecast
Bridgestone (OTC: BRDCY) reported a strong rise in its net profit for the fiscal second quarter.
For the current fiscal year, Bridgestone lifted its net profit forecast by 4.7% to Y246 billion.
Bridgestone's quarterly net profit surged to Y73.9 billion, from Y33.0 billion, in the year-ago period.
Its operating profit rose to Y115.9 billion from Y70.7 billion, while sales climbed to Y910.6 billion from Y726.7 billion.
Bridgestone shares closed at $69.67 yesterday.
© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.