August 9, 2012 / 11:56 AM / 5 years ago

Cooper Tire posts higher profit

1 Min Read

Aug 9 (Reuters) - Cooper Tire & Rubber Co reported a higher quarterly profit on increased sales of its tires in North America and lower raw material costs.

Second-quarter net income attributable to Cooper rose to $51.7 million, or 82 cents per share, from $11.5 million, or 18 cents per share, a year earlier.

The net profit includes a gain of $7 million, the company said.

Sales rose 15 percent to $1.06 billion.

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below