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BEI HOLDINGS REPORTS FIRST QUARTER OPERATING RESULTS

 BEI HOLDINGS REPORTS FIRST QUARTER OPERATING RESULTS
 ATLANTA, April 20 /PRNewswire/ -- BEI Holdings, Ltd. (NASDAQ: BEIH) today reported results for its first quarter ended March 31, 1992.
 Net income for the quarter was $1,302,000, or $.13 per share, compared to $1,240,000, or $.12 per share, for the same period in the prior year. Revenues for the period totaled $10,319,000 compared to $10,386,000 in 1991. The company's tangible book value per share was $2.08 at March 31, 1992.
 BEI Holdings, Ltd. is a consulting firm headquartered in Atlanta, with offices throughout the United States.
 BEI HOLDINGS LTD.
 Consolidated Statements of Operations
 (Unaudited)
 Qtr. ended 3/31/92 3/31/91
 Consulting and management services
 revenues $10,319,349 $10,385,911
 Costs and expenses
 Costs of consulting operations 8,683,286 8,267,850
 Selling, general and administrative 1,004,000 969,192
 Interest expense 39,275 51,211
 Other income, net (759,595) (307,155)
 Total costs and expenses 8,966,966 8,981,098
 Income from continuing operations
 before income taxes 1,352,383 1,404,813
 Provision for income taxes 50,600 96,300
 Income from continuing operations 1,301,783 1,308,513
 Loss from discontinued operations -
 real estate development 0 (68,269)
 Net income $ 1,301,783 $ 1,240,244
 Net income per share:
 Income from continuing operations $ .13 $ .13
 Loss from discontinued operations --- (.01)
 Net income per share $ .13 $ .12
 -0- 4/20/92
 /CONTACT: Charles C. Ray Jr., chief financial officer of BEI Holdings, 404-315-6060/
 (BEIH) CO: BEI Holdings, Ltd. ST: Georgia IN: FIN SU: ERN


BN-BR -- AT015 -- 0127 04/20/92 13:54 EDT
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Publication:PR Newswire
Date:Apr 20, 1992
Words:280
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