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ROBERT-MARK REPORTS RESULTS OF OPERATIONS FOR THE NINE MONTHS ENDED NOV. 30, 1991

 ROBERT-MARK REPORTS RESULTS OF OPERATIONS
 FOR THE NINE MONTHS ENDED NOV. 30, 1991
 HOPEWELL JUNCTION, N.Y., Jan. 17 /PRNewswire/ -- Mark Ritter, chairman of Robert-Mark, Inc. (AMEX: RMK) announced today that its net income for the nine months ended Nov. 30, 1991 was $185,000 as compared to a net loss of $1,693,000 for the prior year nine months ended Nov. 30, 1990.
 Total revenues from the real estate brokerage commissions were $2,139,000 for the nine months ended Nov. 30, 1991, versus $2,208,000 for the comparable period of 1990. However, Ritter commented that revenues from continuing operations had increased over the prior year offset by revenue decreases due to a number of discontinued marketing sites principally as a result of the closing of the RAMS Marketing real estate division of the company. Chemical Bank has extended the company's line of credit to March 1, 1993.
 Further contributing to the improved results was a 46 percent decline in total operating expenses to $2,095,000 for the nine months of 1991. These reductions were principally as a result of cost control measures including the elimination of non-essential functions and the curtailment of many discretionary spending programs.
 Ritter stated that the company has restored itself to profitability by focusing on its core residential brokerage business, eliminating non- profitable lines of business and by controlling administrative and general costs. It is expected that as the economy improves, the company will be positioned for enhanced profitability.
 ROBERT-MARK, INC.
 Selected Consolidated Financial Highlights
 (Unaudited)
 Favorable
 (Unfavorable)
 Three Months ended Nov. 30; 1991 1990 Amount
 Revenues $701,000 $656,000 $45,000
 Expenses 706,000 1,407,000 701,000
 Income (loss) from continuing
 operations before income taxes (38,000) (811,000) 773,000
 Income (loss) from
 discontinued operations -- (116,000) 116,000
 Net income (loss) (38,000) (927,000) 889,000
 Net Income (Loss)
 Per Share of Common Stock:
 Continuing operations (.01) (.18) .17
 Discontinued operations -- (.03) .03
 Weighted average no. of common
 & common equivalent
 shares outstanding 4,588,000 4,588,000
 Favorable
 (Unfavorable)
 Nine Months ended Nov. 30; 1991 1990 Amount
 Revenues $2,361,000 $2,588,000 (227,000)
 Expenses 2,095,000 3,869,000 1,774,000
 Income (loss) from continuing
 operations before income taxes 143,000 (1,458,000) 1,601,000
 Income (loss) from
 discontinued operations 42,000 (350,000) 392,000
 Net income (loss) 185,000 (1,693,000) 1,878,000
 Net Income (Loss)
 Per Share of Common Stock:
 COntinuing operations .03 (.29) .32
 Discontinued operations .01 (.08) .09
 Weighted average no. of common
 & common equivalent
 shares outstanding 4,588,000 4,588,000
 -0- 1/17/92
 /CONTACT: Mark I. Ritter, chairman of Robert-Mark, 914-221-3800/
 (RMK) CO: Robert-Mark, Inc. ST: New York IN: FIN SU: ERN


SM-JT -- NY034 -- 1001 01/17/92 12:48 EST
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Date:Jan 17, 1992
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