Cooper Tire & Rubber Co. has reported a decrease in net sales for the first half of 2016 compared to 2015.

The tiremaker posted $1.39 billion in net sales for the first half of 2016, verses a net sales of $1.41 billion in 2015.

Despite a lower net sales, Cooper has reported a higher gross profit for 2016 compared to 2015. Gross profit for the first half of 2016 was $330 million compared to just $291 million in 2015.

“Cooper closed the first half of 2016 with another outstanding quarter,” said Roy Armes, chairman, CEO and president. “We achieved record-setting second quarter operating margin, building upon the strong results we delivered in the first quarter. The Americas segment posted another terrific quarter, generating operating margin of more than 17%. Our International segment performed better than expected, moving from a loss to delivering an operating profit for the period.”