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DYNA GROUP REPORTS RESULTS

 DYNA GROUP REPORTS RESULTS
 BROADVIEW, Ill., Oct. 28 /PRNewswire/ -- DYNA Group International


(NASDAQ: DGIX) reports both sales and earnings increase for the three months and nine months ended Sept. 30, 1992. DYNA Group International announced today record sales and earnings for the three months and nine months ended Sept. 30, 1992. For the third quarter the company increased its net income $158,809 or $.02 to $190,398 or $.03 per share. Sales went from $2,754,042 to $3,435,609 or an increase of 25 percent. For the nine months ended Sept. 30, 1992 net income went from $167,663 or $.02 per share to $314,449 or $.04 per share. Sales went from $6,645,416 to $9,453,577 an increase of 42 percent.
 Roger Tuttle, president, stated that, "DYNA Group looks to record results for the year end as we continuously add to our consumer line of products through our giant retailers such as Sears, J.C. Penney and Hallmark. We fully expect the year ahead to be far more profitable not only by discontinuing the unprofitable Great American marketing subsidiary, but by adding new products to our large distribution network of retailers."
 DYNA Group International is engaged in the business of manufacturing and importing consumer products for sale to the sports recreational and gift markets. Its Great American Products subsidiary produces and sells cast products and pewter enhanced glassware and professional and collegiate licensed products to over 11 countries as well as to Fortune 500. The XLM subsidiary distributes and markets Continental bicycle tires and bicycle accessory products including a new generation of mountain bike tires. XLM is the exclusive distributor for DuPont's Teflon(R) Driventrain lubricant.
 Periods ended 1992 1991
 Sept. 30 Three Months Nine Months Three Months Nine Months
 Net sales $3,435,609 $9,453,577 $2,754,042 $6,645,416
 Net income (loss)
 cont. opers. 266,609 500,998 198,907 242,871
 Net income (loss)
 discont. opers. (76,261) (186,549) (40,098) (75,208)
 Net income (loss) 190,398 314,449 158,809 167,663
 Share earnings
 weighted avg.
 shares 7,428,665 7,396,641 7,136,371 7,475,260
 Income (loss)
 cont. opers. .04 .07 .03 .03
 Net income (loss) .03 .04 .02 .02
 -0- 10/28/92
 /CONTACT: Roger Tuttle of DYNA Group, 708-450-9200, or Michelle Sotnikow of Howard Bronson & Company, 212-867-6160, for DYNA Group/
 (DGIX) CO: Dyna Group International ST: Illinois IN: HOU SU: ERN


SM-AH -- NY060 -- 5992 10/28/92 12:25 EST
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Oct 28, 1992
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