Article: Alliance Tuna expected to post double-digit growth.(Main Business)(Financial report)

Two local stock brokerage firms expect Alliance Tuna International Inc. (ATII) will most likely maintain its double-digit growth for 2009 following the realization of revenues from its capacity expansion.PCCI Securities Brokers Corporation said in a company report that revenue growth is expected to be around 21 to 22 percent with revenues reaching the $62 million-mark.Net income will improve by 28 percent to around $4.1 million following the extension of ATII’s tax incentives until 2010 and lower financing cost.PCCI said ATII’s joint venture with Prime Foods NZ will likely have full impact in 2010. The construction of the salmon processing plant in the second ...

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