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DOLCO PACKAGING CORP. ANNOUNCES FIRST QUARTER RESULTS

DOLCO PACKAGING CORP. ANNOUNCES FIRST QUARTER RESULTS
 SHERMAN OAKS, Calif., April 24 /PRNewswire/ -- Dolco Packaging Corp. (DPKG), reported today that sales for the first quarter of 1992 amounted to $14,607,000 with a net income of $533,000, or $.57 per share, compared to sales of $15,961,000 with a net loss of $587,000, or $.90 per share for the same period in 1991. The 1991 loss included expenses totalling $832,000 for plant closing costs, environmental remediation costs and Chapter 11 related fees and costs.
 Dolco Packing Corp. is a manufacturer of plastics packaging products.
 -0- 4/24/92
 /CONTACT: Maggie H. Earley of Dolco Packaging, 818-995-1409, ext. 304/ CO: Dolco Packaging Corp. ST: California IN: SU: ERN


AL -- LA022 -- 2506 04/24/92 13:25 EDT
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Publication:PR Newswire
Date:Apr 24, 1992
Words:131
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