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DQE ISSUES EARNINGS

 DQE ISSUES EARNINGS
 PITTSBURGH, Oct. 23 /PRNewswire/ -- DQE (NYSE: DQE) today issued


earnings, as follows:
 DQE
 Financial Data
 (All figures in thousands except per share amount)
 (unaudited)
 Period Ended Three Months 12 Months
 Sept. 30 1992 1991 1992 1991
 Total operating
 revenues $314,398 $333,365 $1,191,917 $1,182,860
 Net income 45,877 42,910 138,590 133,628
 Average number of
 common shares
 outstanding
 (thousands) 52,912 53,349 52,916 53,598
 Earnings per share
 of common stock $ .86 $ .80 $ 2.62 $ 2.49
 Dividends declared
 per share of
 common stock $ .38 $ .36 $ 1.52 $ 1.44
 Duquesne Light Company, an electric utility, is the principal subsidiary of DQE and had the following sales in millions of kilowatt-hours for the periods indicated.
 Retail sales:
 Residential 781 930 3,057 3,256
 Commercial 1,452 1,528 5,327 5,418
 Industrial 782 777 3,079 3,049
 Other 21 21 83 84
 Total sales to
 customers 3,036 3,256 11,546 11,807
 -0- 10/23/92
 /CONTACT: Dennis E. O'Neil of DQE, 412-393-4060/
 (DQE) CO: DQE; Duquesne Light Company ST: Pennsylvania IN: OIL UTI SU: ERN


CD-JS -- PG004 -- 4305 10/23/92 16:04 EDT
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Publication:PR Newswire
Date:Oct 23, 1992
Words:202
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