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SUPRADUR COMPANIES REPORTS RESULTS

 RYE, N.Y., May 17 /PRNewswire/ -- Supradur Companies, Inc. (NASDAQ: SUPD) today reported the results of its operations for the first quarter of 1993. The results have been restated to reflect the discontinuance of the company's Canadian subsidiary which was sold in November 1992.
 First quarter sales were $4,773,000 as compared to $6,181,000 in 1992. Sales on an ongoing basis rose 9 percent as the 1992 result includes $1,812,000 of sales made by the company's Twin City Tool subsidiary which was closed in 1992. The company incurred a net loss for the period of $102,000 or 11 cents per common share compared to a loss of $726,000 or 80 cents per share in 1992.
 Mr. Alfred E. Netter, president, commented that the results were in line with expectations.
 Supradur Companies, Inc. is a diversified company with operating subsidiaries in the United States and Europe. The company's shares are traded in the Over-The-Counter market under the NASDAQ symbol SUPD.
 SUPRADUR COMPANIES, INC.
 Consolidated Statement of Income
 (Unaudited)
 First quarter ended 4/4/93 3/29/92
 Sales $4,773,000 $6,181,000
 Net loss before income taxes (102,000) (746,000)
 Income taxes -- (195,000)
 Loss from discontinued operations -- (434,000)
 Cumulative effect of accounting change -- 259,000
 Net loss (102,000) (726,000)
 Loss per common share:
 From continuing operations $(0.11) $(0.61)
 From discontinued operations (.00) (0.48)
 Cumulative effect of accounting change .00 .29
 Loss per common share (0.11) (0.80)
 Average shares outstanding 906,500 906,500
 -0- 5/17/93
 /CONTACT: David M. Petulla, vice president and treasurer of Supradur Companies, Inc., 914-967-8230/
 (SUPD)


CO: Supradur Companies, Inc. ST: New York IN: SU: ERN

SH-TS -- NY087 -- 2956 05/17/93 14:17 EDT
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Publication:PR Newswire
Date:May 17, 1993
Words:298
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