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REDLAW INDUSTRIES REPORTS THREE MONTHS RESULTS

REDLAW INDUSTRIES REPORTS THREE MONTHS RESULTS
    BRANTFORD, Ontario, Feb. 14 /PRNewswire/ -- The financial results of Redlaw Industries Inc. (AMEX: RDL) of Brantford for the first three months of fiscal 1992 ended Dec. 31, 1991, were today released by the company.  All dollars quoted are Canadian.
    Consolidated sales for the first quarter were $11,833,000 compared to $18,386,000 for the same three months of the previous year.  The loss for the period was $2,059,000 or 59 cents per share compared to last year's first quarter loss of $1,065,000 or 68 cents per share.  Weighted average shares outstanding this year were 3,512,300 compared to 1,561,013 last year.
    -0-                      2/14/92
    CONTACT:  Bev Lanning, secretary-treasurer of Redlaw, 519-751-1691
    (RDL)
CO:    REDLAW INDUSTRIES INC.
IN:    AUT
ST:           ONTARIO


-- NY015 -- 9085 02/14/92
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Publication:PR Newswire
Date:Feb 14, 1992
Words:141
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