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CONSOLIDATED CARMA CORP. ANNOUNCES FINANCIAL RESULTS FOR THE YEAR ENDED DEC. 30, 1992

 CALGARY, Alberta, Feb. 26 /PRNewswire/ -- Consolidated Carma Corp. (Toronto, Calgary: CVP.A) announced its financial results for the year ended Dec. 30, 1992.
 The company reported net income of $39,905,000 compared with net income of $37,082,000 in 1991. Net income per common share for the year was $0.61 compared with $0.48 per share in 1991. 1992 net income per common share was calculated after deducting preferred share dividends of $9,506,000. Preferred share dividends of $15,173,000 were paid in 1991.
 Revenue for 1992 was $142,675,000 compared with $110,552,000 in 1991.
 Earnings per Class AAA Participating Share, Series 1, for the year was $6.10 per share. Comparable earnings per Series 1 share in 1991 was $4.80 per share.
 Earnings per Class AAA Participating Share, Series 2 for the year totaled $6.10 per share. Comparable earnings per Series 2 share in 1991 was $4.80 per share.
 -0- 2/26/93
 /CONTACT: Murray L. Fox, president and CEO, or Alan Norris, senior VP, secretary & CFO of Consolidated Carma, 403-231-8970/
 (CVP.A.)


CO: Consolidated Carma Corp. ST: Alberta IN: CST SU: ERN

EH -- LA021 -- 0996 02/26/93 16:36 EST
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Publication:PR Newswire
Date:Feb 26, 1993
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