Titan Intl. suffers Q2 loss of $24.9M

摘要

QUINCY, ///.—Titan International Inc. fell $24.9 million into the red in the quarter ended June 30 on 11.7-percent lower sales, which Titan attributed to slower demand and uncertainty in its key markets. The second-quarter loss dragged down Titan's six-month result as well, to a loss of $18.3 million, which contrasts with earnings of $42.7 million a year ago.