(August 30 – 14:10 ET) – Hi-Alta Capital Inc. has announced its financial results for the second quarter of 2000, the six-month period ending June 30. Commission revenue increased to $9,948,595 in compared to $8,442,911 in the second quarter of 1999.
“We expect Hi-Alta Capital to continue to improve its operating margins in the third quarter”, said Scott Tannas, President and Chief Executive Officer of Hi-Alta Capital Inc. which operates the Western Insurance Network of rural insurance brokerage offices in 29 communities in British Columbia, Alberta and Saskatchewan.
The addition of financial services to the Western Insurance Network was launched during the second quarter at the majority of WIN’s 29 locations, beginning with the introduction of guaranteed investment certificates and term deposits. The company’s plan is to phase in the addition of products and services, next adding registered savings plans.
-IE Staff