Cooper Tire & Rubber Company reported net income of US$ 44 million for the quarter ended June 30, 2010, a US$ 57 million improvement from the same period in 2009.
Net sales were US$ 804 million, an increase of US$ 172 million, or 27% from the prior year. Operating profit was US$ 34 million for the quarter, a US$ 7 million decrease compared with US$ 41 million in 2009. The company reported net income of 70 cents per share during the quarter on a diluted basis.