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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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Publication:PR Newswire
Date:Nov 4, 1991
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