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ACTRADE INTERNATIONAL REPORTS RESULTS

 NEW YORK, Jan. 29 /PRNewswire/ -- On Jan. 27, 1993, Actrade International, Ltd. (NASDAQ: ACRT), filed with the Securities and Exchange Commission its quarterly report for the 6 months ended Dec. 31, 1992.
 During this period total sales were reported at $4,918,529, as compared to $3,848,056 for the same period last year, with earnings of $0.04 per share for the first 6 months of fiscal 1993 as compared to $0.02 for the same period last year. At Dec. 31, 1992, total assets reached $5,041,048, as compared to $3,697,120 at June 30, 1992, the last fiscal year-end. Following is selected financial information as reported in its Quarterly Report on Form 10-Q:
 ACTRADE INTERNATIONAL LTD.
 Summary of Balance Sheet
 Six months ended Year Ended
 Dec. 31 June 30
 1992 1992
 Total current assets $ 4,881,637 $ 3,528,090
 Total assets 5,041,048 3,697,120
 Total current liabilities 3,512,687 2,005,135
 Deferred liabilities 56,008 380,250
 Total liabilities 3,568,695 2,385,385
 Retained earnings 338,631 178,013
 Total stockholder's equity 1,472,353 1,311,735
 Summary of Operating Statement
 Six months ended Year Ended
 Dec. 31 June 30
 1992 1991 1992
 Revenues from operations $ 4,918,529 $ 3,848,056 $ 8,067,581
 Cost of revenues 4,326,121 3,378,350 7,156,853
 Gross profit 592,408 496,706 910,728
 Selling, General and
 Administrative Expenses 426,948 378,849 804,730
 Income from operations 165,460 90,857 105,998
 Interest income 34,776 34,852 45,680
 Interest expense 23,309 31,500 55,912
 Net income 160,618 86,802 94,308
 Earnings per share 0.04 0.02 0.02
 -0- 1/29/93
 /CONTACT: Amos Aharoni, financial executive of Actrade International, 212-563-1036/
 (ACRT)


CO: Actrade International, Ltd. ST: New York IN: SU: ERN

WB-DO -- NYF002 -- 0617 01/29/93 09:00 EST
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Date:Jan 29, 1993
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