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DQE ISSUES EARNINGS

 PITTSBURGH, Oct. 22 /PRNewswire/ -- DQE (NYSE: DQE) today issued earnings, as follows:
 DQE
 Financial Data
 (all figures in thousands except per share amount)
 (unaudited)
 Period Ended Three Months 12 Months
 Sept. 30 1993 1992 1993 1992
 Total operating revenues $336,488 $316,613 $1,188,154 $1,198,625
 Net income 48,294 45,877 147,015 138,590
 Average number of common
 shares outstanding
 (thousands) 52,991 52,912 52,959 52,916
 Earnings per share of
 common stock $.91 $.86 $2.77 $2.62
 Dividends declared per
 share of common stock $.40 $.38 $1.60 $1.52
 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 949 781 3,256 3,058
 Commercial 1,557 1,452 5,507 5,327
 Industrial 752 782 3,053 3,079
 Other 21 21 83 82
 Total sales to customers 3,279 3,036 11,899 11,546
 -0- 10/22/93
 /CONTACT: Dennis O'Neil, general manager, public affairs, of DQE, 412-393-4060/
 (DQE)


CO: DQE; Duquesne Light Company ST: Pennsylvania IN: OIL UTI SU: ERN

KC-CD -- PG004 -- 5870 10/22/93 16:07 EDT
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Publication:PR Newswire
Date:Oct 22, 1993
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