|
 TOKYO (AP) - Japanese tire maker Bridgestone Corp. said Tuesday that full-year profit dropped by more than half last year due to higher prices for rubber, crude oil and other raw materials.
Net income totaled 85.1 billion yen ($709.17 million) in the 12 months ended Dec. 31, compared with 180.7 billion yen in profit a year earlier, the company said in a statement.
Sales at the world's second-biggest tire maker by volume after France's Michelin SA rose to 2.991 trillion yen ($24.9 billion).
|