Tuesday, February 15, 2022

Bridgestone Stock Up On FY21 Profit, Positive Revenue View For FY22

Shares of Bridgestone Corp. gained around 2 percent in Tokyo trading after the Japanese tire and rubber company reported Tuesday significant profit in its fiscal 2021, compared to last year's loss, driven by strong demand. Looking ahead for fiscal 2022, the company projects weak net profit, but higher adjusted operating income and revenues.

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