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CONSOLIDATED CARMA CORP. ANNOUNCES FINANCIAL RESULTS FOR THE THREE MONTHS ENDED MARCH 31, 1992

 CONSOLIDATED CARMA CORP. ANNOUNCES FINANCIAL RESULTS
 FOR THE THREE MONTHS ENDED MARCH 31, 1992
 CALGARY, Alberta, May 13 /PRNewswire/ -- Consolidated Carma Corp. (Toronto, Calgary: CVP.A) today announced its financial results for the three months ended March 31, 1992.
 The company reported net income of $8,942,000 compared with net income of $10,400,000 for the same period in 1991. Net income per common share for the three months was $0.25 compared with $0.24 per share in 1991. 1992 net income per common share was calculated after deducting preferred share dividends of $2,376,000. Preferred share dividends of $4,030,000 were paid in the first three months of 1991.
 Revenue for the three months was $31,170,000 compared with $24,602,000 for the same period in 1991.
 Earnings per class AAA participating share, series 1, including fixed preferential dividends, was $1.00 for the first three months compared with $0.90 for the same period last year. Earnings per class AAA participating share, series 2, including fixed preferential dividends was $0.70 for the first three months compared with $0.60 for the same period last year.
 -0- 5/13/92
 /CONTACT: Murray L. Fox, president and CEO, or Alan Norris, senior VP and CFO, of Consolidated Carma Corporation, 403-231-8970/
 (CVP.A.) CO: Consolidated Carma Corp. ST: Alberta IN: CST SU: ERN


KJ -- LA013 -- 9637 05/13/92 11:43 EDT
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Publication:PR Newswire
Date:May 13, 1992
Words:239
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