16.02.2024 09:40:39 - dpa-AFX: Bridgestone Annual Net Profit, Revenue Climb; Expects 2024 Results To Improve

TOKYO (dpa-AFX) - Bridgestone Corporation (BRDCF.PK), a Japanese tire and
rubber major, on Friday posted a rise in net profit for the full year, as
revenue was supported by improved sales mix of PSR REP premium tires, expanding sales of ultra-large/large mining tires, and tailwind of foreign exchange.

For the 12-month period, the company posted a net profit of 337.352 billion yen
or 483.41 yen per share, higher than 305.804 billion yen or 431.61 yen per
share, registered last year.

Pre-tax income was at 444.154 billion yen as against last year's 423.458 billion
yen.

Operating income rose to 481.775 billion yen from 441.298 billion yen a year
ago.

Revenue improved to 4.313 trillion yen from previous year's 4.110 trillion yen.

For the full year, the company plans to pay an annual cash dividend of 200 yen
per share, comprising a year-end cash dividend of 100 yen per share and an
interim cash dividend of 100 yen per share.

Looking ahead, for the full-year 2024, Bridgestone expects a net profit of 359
billion yen or 524.35 yen per basic share, a growth of 8.4 percent from last
year, and a revenue of 4.430 trillion yen, a growth of 2.7 percent from the
prior year.

For full-year 2024, the company aims to pay a total dividend of 210 yen per
share, higher than last year's 200 yen per share.



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
BRIDGESTONE CORP. 857226 Frankfurt 35,780 10.07.24 21:49:49 +0,420 +1,19% 0,000 0,000 35,410 35,360

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