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DECORATOR INDUSTRIES, INC., REPORTS QUADRUPLED SHARE EARNINGS

 DECORATOR INDUSTRIES, INC., REPORTS QUADRUPLED SHARE EARNINGS
 PEMBROKE PINES, Fla., July 27 /PRNewswire/ -- Building on the strong performance of the first quarter, Decorator Industries, Inc. (AMEX: DII) today reported record net income for the first six months of 1992 of $585,450 or 65 cents per share (primary).
 This record performance quadrupled last year's six month earnings of 15 cents per share (primary). Net income was $159,842 for the first six months of 1991.
 For the second quarter net income was a record $402,652, equal to 45 cents per share (primary), as compared to last year's second quarter net income of $124,621, or 12 cents per share (primary).
 Sales for the first six months increased substantially, almost 24 percent, to $11,260,564 from $9,101,069 reported a year earlier. Sales for the second quarter were up sharply to $6,427,221, or 26 percent, from $5,105,655 a year earlier.
 William Bassett, president, stated that:
 "Although sales have rebounded more quickly and with more strength than we had expected, the bottom line results are no surprise. For the better part of the last two years, a focused effort was placed on more effective management of receivables and inventories, and finding ways to contain and reduce costs while maintaining our high level of customer satisfaction. The record net income is the result of improved production efficiencies, containment of overhead costs and increased demand from the depressed market levels of recent years.
 "While the second half of this year should slow somewhat from the first half due to the seasonality of our business, we expect that net income for the second half will be the highest in our history. We therefore expect that 1992 will be a banner year.
 "And 1992 could be just the beginning.
 "The strength of the rebound in sales indicates that there is still plenty of room for sales growth. Both the manufactured housing and the recreational vehicle markets could show double-digit growth for a number of years without approaching their previous highs. The motel/hotel market is a different story. There is ample evidence that this market is overbuilt and there will be little new construction for a number of years. However, the majority of our sales to this market comes from refurbishings which have shown improved strength. The projected improvements in these markets should provide the basis for continued strong performance by your company."
 Decorator Industries, Inc. (AMEX) manufactures draperies, bedspreads and other accessories for the hospitality (motel/hotel), recreational vehicle and manufactured housing industry.
 The figures are as follows.
 DECORATOR INDUSTRIES, INC.
 Consolidated Report of Sales and Earnings (A)
 Period Second Quarter Six Months
 Ended 6/27/92 6/29/91 6/27/92 6/29/91
 Net sales $6,427,221 $5,105,655 $11,260,564 $9,101,069
 Net income 402,652 124,621 585,450 159,842
 Total primary earnings
 per share $0.45 $0.12 $0.65 $0.15
 Fully diluted earnings
 per share $0.39 $0.12 $0.59 $0.15
 Average number of
 shares outstanding 900,003 1,054,356 901,363 1,054,356
 (A) Unaudited
 -0- 7/27/92
 /CONTACT: William Bassett, president, 305-436-8909, or Jerome B. Lieber, in Pittsburgh, 412-392-2121, both of Decorator Industries/
 (DII) CO: Decorator Industries, Inc. ST: Florida IN: TEX SU: ERN


DM-EA -- PG004 -- 3444 07/27/92 10:59 EDT
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Date:Jul 27, 1992
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