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CONSOLIDATED CARMA CORP. REPORTS FINANCIAL RESULTS FOR THE SIX MONTHS ENDED JUNE 30, 1992

 CONSOLIDATED CARMA CORP. REPORTS FINANCIAL RESULTS
 FOR THE SIX MONTHS ENDED JUNE 30, 1992
 CALGARY, Alberta, Aug. 19 /PRNewswire/ -- Consolidated Carma Corp. (Toronto, Calgary: CVP) announced its financial results for the six months ended June 30, 1992.
 The company reported net income of $19,667,000 compared with net income of $17,669,000 for the same period in 1991. Net income per common share for the six months was $0.37 compared with $0.30 per share in 1991. 1992 net income per common share was calculated after deducting preferred share dividends of $4,753,00. Preferred share dividends of $7,833,000 were paid in the first six months of 1991.
 Revenue for the six months was $67,589,000 compared with $55,766,000 for the same period in 1991.
 Earnings per Class AAA Participating Share, Series 1, including fixed preferential dividends, was $2.70 for the first six months compared with $2.00 for the same period last year. Earnings per class AAA participating share, series 2, including fixed preferential dividends was $2.50 for the first six months compared with $1.80 for the same period last year.
 -0- 8/19/92
 /CONTACT: Murray L. Fox, president & CEO; or Alan Norris, senior VP, secretary and CFO of Consolidated Carma, 403-231-8970/
 (CVP.A.) CO: Consolidated Carma Corp. ST: Alberta IN: CST SU: ERN


EH -- LA019 -- 1388 08/19/92 13:48 EDT
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Publication:PR Newswire
Date:Aug 19, 1992
Words:236
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