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BRENCO INCORPORATED ANNOUNCES RESULTS

 BRENCO INCORPORATED ANNOUNCES RESULTS
 PETERSBURG, Va., July 14 /PRNewswire/ -- Brenco Incorporated


(NASDAQ-NMS: BREN) today announced the following:
 RESULTS OF OPERATIONS FOR FIRST
 SIX MONTHS 1992
 (000 omitted except per share figures)
 SIX MONTHS 1992 1991
 NET SALES $41,010 $41,541
 INCOME BEFORE TAXES 1,548 4,714
 INCOME TAXES 588 1,791
 NET INCOME 960 2,923
 PER SHARE - NET INCOME .10 .30
 DIVIDENDS DECLARED .10 .10
 SECOND QUARTER
 NET SALES $20,334 $20,314
 INCOME BEFORE TAXES 788 2,140
 INCOME TAXES 299 813
 NET INCOME 489 1,327
 PER SHARE - NET INCOME .05 .14
 DIVIDENDS DECLARED .05 .05
 AVERAGE NUMBER OF COMMON SHARES
 OUTSTANDING FOR SIX MONTHS 9,831 9,702
 -0- 7/14/92
 /CONTACT: Jacob M. Feichtner, Executive Vice President, Brenco Incorporated, 804-732-0202/
 (BREN) CO: Brenco Incorporated ST: Virginia IN: REA SU: ERN


JZ -- CH005 -- 9079 07/14/92 12:03 EDT
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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:Jul 14, 1992
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