THERMAL INDUSTRIES, INC., ISSUES FIRST QUARTER REPORT
THERMAL INDUSTRIES, INC., ISSUES FIRST QUARTER REPORT PITTSBURGH, Nov. 4 /PRNewswire/ -- David H. Weis, president of
Thermal Industries, Inc., (NASDAQ: THMP) today reported first quarter results.
THERMAL INDUSTRIES, INC. Quarter ended Sept. 30 1991 1990 Net sales $8,032,000 $8,271,000 Net income 799,000 734,000 Net income per share $.41 $.38 Comments: Net income continues to improve despite soft sales. It appears that the second quarter will be about the same as the first. The six serving directors were elected to one-year terms at the annual meeting of shareholders held Nov. 1, 1991. The directors then voted a special dividend of 4 cents per share payable Jan. 7, 1992, to shareholders of record Dec. 6, 1991. -0- 11/4/91 /CONTACT: E. Rascoe, treasurer of Thermal Industries, 412-244-6400/ (THMP) CO: Thermal Industries, Inc. ST: Pennsylvania IN: CST SU: ERN DM -- PG014 -- 0777 11/04/91 13:37 EST
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|Date:||Nov 4, 1991|
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