Alliance Reports Record Sales in Second Quarter
Alliance Tire has reported total sales of $78.5 million compared to $63.6 million in the first half of 2004, up 23.4 per cent. Net income in the second quarter of 2005 grew 278 per cent, amounting to $4.6 million, compared to $1.2 million in the same quarter of 2004. “Marketing efforts, product mix and business conditions were the main factors to fuel the sales growth and profitability,” said company CEO Isia Tchetchik.