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/C O R R E C T I O N -- WTC INDUSTRIES/

 /C O R R E C T I O N -- WTC INDUSTRIES/
 In MN012, WTC Industries, Inc. reports third quarter results, moved


earlier today, we have been informed by a representative of the company that the following nine month figures were omitted from the original transmission.
 WTC INDUSTRIES, INC. AND SUBSIDIARY
 CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
 Nine Months Ended
 9/30/92 9/30/91
 Net Sales $1,238,720 $2,631,699
 Cost of Goods Sold 689,338 1,403,400
 Gross Profit 549,382 1,228,299
 Expenses
 Research and development 54,405 8,206
 Selling, general, and
 administrative 1,297,163 758,825
 -- 1,351,568 767,031
 Income (Loss) from Operations (802,186) 461,268
 Other Income (Expenses) 55,710 (37,485)
 Net Income (Loss) Before
 Income Taxes (746,476) 423,783
 Income Taxes (3,551) (155,700)
 Income (Loss) Before
 Extraordinary Item (750,027) 268,083
 Extraordinary Item - Utilization
 of Operating Loss Carryforward 0 137,700
 Net Income (Loss) $(750,027) $405,783
 Net Income (Loss) Per Common Share
 Primary
 Income (loss) before
 extraordinary item $(0.37) $0.22
 Extraordinary item 0.00 0.11
 Net income (loss) $(0.37) $0.33
 Fully diluted
 Income (loss) before
 extraordinary item $(0.37) $0.22
 Extraordinary item 0.00 $0.11
 Net income (loss) $(0.37) $0.33
 Weighted Average Number of
 Shares Outstanding
 Primary 2,155,871 1,236,562
 Fully diluted 2,155,871 1,236,562
 -0- 11/13/92 MN012C


AL -- MN012C -- 0933 11/13/92 17:40 EST
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Nov 13, 1992
Words:256
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