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DQE ISSUES EARNINGS

 DQE ISSUES EARNINGS
 PITTSBURGH, July 24 /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
 June 30 1992 1991 1992 1991
 Total operating
 revenues $290,008 $288,636 $1,210,884 $1,152,708
 Net income 30,488 29,431 135,623 128,913
 Avg. no. of common shares
 outstanding (thousands) 52,910 53,526 53,026 53,788
 Earnings per share of
 common stock $0.58 $0.55 $2.56 $2.40
 Dividends declared per
 share of common stock $0.38 $0.36 $1.50 $1.42
 Duquesne Light Company, an electric utility, is the principal subsidiary of DQE and had the following sales in millions of kilowatt-hours for the periods indicated.
 Retail sales:
 Residential 679 753 3,207 3,144
 Commercial 1,283 1,340 5,403 5,319
 Industrial 749 739 3,073 3,126
 Other 21 21 83 84
 Total sales to customers 2,732 2,853 11,766 11,673
 -0- 7/24/92
 /CONTACT: Edward H. Sehon of DQE, 412-393-6058/
 (DQE) CO: DQE; Duquesne Light Company ST: Pennsylvania IN: OIL UTI SU: ERN


CD-CC -- PG006 -- 3129 07/24/92 15:45 EDT
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Date:Jul 24, 1992
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