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DANIELSON HOLDING CORP. REPORTS 3RD QUARTER EARNINGS

 NEW YORK, Nov. 15 /PRNewswire/ -- Danielson Holding Corporation (AMEX: DHC) reported net income of $1.049 million, or $.07 per share, on revenues of $25.970 million, for the quarter ended September 30, 1993, compared with a loss of $104,000, or $0 per share, on revenues of $22,185 million, for the comparable quarter in 1992.
 DHC's net income for the first nine months of 1993 was $1.823 million, or $.12 per share, on revenues of $73.162 million, compared with net income of $349,000, or $.02 per share, on revenues of $60.935 million, for the same period last year.
 Danielson Holding Corporation is an American Stock Exchange listed company, engaging in financial services businesses.
 -0- 11/15/93
 /CONTACT: C. Kirk Rhein, Jr., president and chief executive officer of Danielson Holding Corporation, 212-888-0347/
 (DHC)


CO: Danielson Holding Corporation ST: New York IN: FIN SU: ERN

LM-JG -- NY103 -- 4544 11/15/93 14:36 EST
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Publication:PR Newswire
Date:Nov 15, 1993
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