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TEMCO REPORTS RESULTS FOR THE YEAR ENDED SEPT. 30, 1993

 NEW YORK, Jan. 12 /PRNewswire/ -- Temco Service Industries, Inc. (OTC), an international building maintenance and security services company, today announced revenues and net income for the year ended Sept. 30, 1993 as follows:
 TEMCO SERVICE INDUSTRIES, INC.
 Fiscal Year Three Months
 Ended Sept. 30 Ended Sept. 30
 1993 1992 1993 1992
 Revenues $129,151,091 $134,183,126 $31,453,766 $33,656,511
 Income from
 continuing operations:
 Before loss on
 leveraged leases 2,649,902 3,537,442 961,144 1,040,146
 Loss on leveraged
 leases 0 (686,728) 0 (686,728)
 Income from continuing
 operations 2,649,902 2,850,714 961,144 353,418
 Provision (benefit) for
 income taxes:
 On continuing
 operations 1,131,375 1,891,968 261,759 913,034
 From loss on leveraged
 leases 0 (284,824) 0 (284,824)
 Provision for income
 taxes 1,131,375 1,607,144 261,759 628,210
 Income (loss)
 from continuing
 operations 1,518,527 1,243,570 699,385 (274,792)
 Gain (loss) on sale
 of discontinued
 operations (353,680) 2,246,029 (353,680) 105,253
 Net income (loss) $1,164,847 $3,489,599 $345,705 ($169,539)
 Net income (loss)
 per share of
 common stock:
 Continuing operations $2.77 $2.31 $1.26 ($0.51)
 Discontinued
 operations ($0.65) $4.17 ($0.64) $0.20
 Net income (loss)
 per share $2.12 $6.48 $0.62 ($0.31)
 Average number of shares
 outstanding 548,375 538,842 555,902 538,569
 NOTE: In October 1993 Temco sold the remaining 20% of the outstanding stock of the Dapemo group. The sale resulted in a loss of $353,680. The financial results above reflect the Dapemo group as a discontinued operation.
 -0- 1/12/94
 /CONTACT: Edward Valenti, vice president and treasurer of Temco, 212-889-6353/


CO: Temco Service Industries, Inc. ST: New York IN: SU: ERN

SH-JG -- NY063 -- 1464 01/12/94 14:47 EST
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Publication:PR Newswire
Date:Jan 12, 1994
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