Amerityre reports 1st fiscal-year net profit

摘要

BOULDER CITY, Nev. — Polyurethane tire developer Amerityre Inc. reported fiscal net earnings of $33,321 for the year ended June 30, the first full-year net profit in the company's 21-year history. The result contrasts with a $243,052 net loss a year ago. Sales fell 4 percent to $3.63 million, reflecting management's expectations that the company's agricultural tire and industrial tire mar- kets would remain weak.