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DQE ISSUES EARNINGS

 DQE ISSUES EARNINGS
 PITTSBURGH, April 28 /PRNewswire/ -- DQE (NYSE: DQE) today issued


earnings, as follows:
 DQE
 Financial Data
 (All figures in thousands except per share amounts)
 (Unaudited)
 Period Ended Three Months 12 Months
 March 31 1992 1991 1992 1991
 Total operating
 revenues $298,064 $288,020 $1,209,512 $1,135,378
 Net income 33,863 32,862 134,566 121,143
 Average number of
 common shares
 outstanding
 (thousands) 52,906 53,763 53,179 54,097
 Earnings per share of
 common stock $0.64 $0.61 $2.53 $2.24
 Dividends declared per
 share of common stock $0.38 $0.36 $1.48 $1.40
 Duquesne Light Company, an electric utility, is the principle subsidiary of DQE and had the following sales in millions of kilowatt-hours for the periods indicated.
 Retail sales:
 Residential 845 852 3,280 3,080
 Commercial 1,308 1,298 5,460 5,245
 Industrial 762 740 3,064 3,204
 Other 21 21 83 84
 Total sales to customers 2,936 2,911 11,887 11,613
 -0- 4/28/92
 /CONTACT: Edward H. Sehon of DQE, 412-393-6058, or at home, 412-571-0126/
 (DQE) CO: DQE ST: Pennsylvania IN: OIL UTI SU: ERN


CD-DM -- PG003 -- 3672 04/28/92 10:32 EDT
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Date:Apr 28, 1992
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