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HOSPOSABLE PRODUCTS REPORTS FIRST QUARTER RESULTS

 BOUND BROOK, N.J., May 6 /PRNewswire/ -- Hosposable Products, Inc. (NASDAQ: HOSP) sales for the three months ended March 31, 1993 were $7,376,266 as compared with $7,376,485 in 1992. Net income for the first quarter was $254,080 compared with $346,747 in 1992. Net income per share was $.15 in 1993 compared with $.20 in 1992.
 Hosposable Products, Inc. manufactures and distributes disposable incontinent products to the healthcare market. Its non woven division manufactures "air-laid" non-woven disposable fabrics for use in many industries. Through its IFC subsidiary, the company produces and distributes a broad line of branded disposable industrial wiping and food service products.
 HOSPOSABLE PRODUCTS, INC.
 STATEMENT OF OPERATIONS
 3 MONTHS ENDED MARCH 31,
 1993 1992
 NET SALES $ 7,376,266 $ 7,376,485
 EARNINGS BEFORE TAXES 443,171 576,579
 INCOME TAXES 189,091 229,832
 NET EARNINGS 254,080 346,747
 NET EARNINGS PER SHARE .15 .20
 Weighted Average Shares 1,700,914 1,703,180
 -0- 5/6/93
 /CONTACT: Leonard Schramm of Hosposable Products, Inc., 908-469-8700; or Eugene Kraus of The Bayshore Group, 813-835-8355, for Hosposable Products, Inc./
 (HOSP)


CO: Hosposable Products, Inc. ST: New Jersey IN: HEA SU: ERN

JB-AW -- FL014 -- 5602 05/06/93 15:54 EDT
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Publication:PR Newswire
Date:May 6, 1993
Words:209
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