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BELDING HEMINWAY REPORTS 94 PERCENT INCREASE IN EARNINGS FOR THE FIRST QUARTER ENDED MARCH 31, 1992

 BELDING HEMINWAY REPORTS 94 PERCENT INCREASE IN EARNINGS
 FOR THE FIRST QUARTER ENDED MARCH 31, 1992
 NEW YORK, April 23 /PRNewswire/ -- Belding Heminway Company, Inc. (NYSE: BHY) today reported increased sales and earnings for the first quarter ended March 31, 1992 as per the following table of first quarter results. While sales increased 2.6 percent, net income per share increased 94 percent.
 Belding Heminway Company, Inc. is a leading producer of high- technology threads and specialty fabrics and a leading marketer of a diversified line of consumer products.
 Belding Heminway also has investments in entities owning real estate and cellular telephone licenses.
 BELDING HEMINWAY COMPANY, INC.
 1991 FIRST QUARTER RESULTS
 For the three months ended March 31
 (All amounts in thousands except per share data)
 1992 Per share(A) 1991 Per share(A)
 Net sales $35,727 $34,805
 Net income $670 $0.35 $354 $0.18
 (A) Per common share (based on average shares outstanding and common stock equivalents, 1,940,000 in 1992 and 1,924,000 in 1991).
 -0- 4/23/92
 /CONTACT: Ronald V. Kaplan, vice president-treasurer of Belding Heminway Company, Inc., 212-556-4700/
 (BHY) CO: Belding Heminway Company Inc. ST: New York IN: SU: ERN


KD-HM -- NY057 -- 1799 04/23/92 11:07 EDT
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Publication:PR Newswire
Date:Apr 23, 1992
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