Printer Friendly

FREDA CORPORATION REPORTS GROSS REVENUES AND NET INCOME FOR THE FIRST QUARTER OF FISCAL 1993

 PHILADELPHIA, Feb. 5 /PRNewswire/ -- Freda Corporation (OTC Bulletin Board: FRDA), a manufacturer of an extensive variety of delicatessen luncheon meats marketed throughout the continental United States, today reported gross revenues and net income for the first quarter of fiscal 1993.
 Net income for the 13 weeks ended Nov. 28, 1992, was $238,026 or 13 cents per share as compared with $180,552 or 10 cents per share for the 13 weeks ended Nov. 30, 1991, on 1,793,150 average shares outstanding in 1992 as compared to 1,807,800 average shares outstanding in 1991. First quarter gross revenues amounted to $13,610,970, a decrease from $14,078,303 in the year-earlier period.
 The company's stock is traded over-the-counter.
 FREDA CORPORATION
 (Unaudited)
 Three months ended Nov. 28, 1992 Nov. 30, 1991
 Gross revenues $13,610,970 $14,078,303
 Income before taxes 395,835 316,346
 Provision for income taxes 157,809 135,794
 Net income after taxes 238,026 180,552
 Earnings per share $.13 $.10
 Average shares outstanding 1,793,150 1,807,800
 /delval/
 -0- 2/5/93
 /CONTACT: Michael Allen of Freda, 215-336-6300/
 (FRDA)


CO: Freda Corporation ST: Pennsylvania IN: FOD SU: ERN

MK-LJ -- PH004 -- 3394 02/05/93 09:03 EST
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Feb 5, 1993
Words:208
Previous Article:ENCORE WIRE REPORTS FINANCIAL RESULTS FOR FOURTH QUARTER
Next Article:ALCO STANDARD APPROVES REGULAR QUARTERLY DIVIDEND
Topics:


Related Articles
FREDA CORPORATION REPORTS GROSS REVENUES AND NET LOSS FOR THE FOURTH QUARTER AND NET INCOME FOR THE YEAR IN FISCAL 1991
FREDA CORPORATION REPORTS GROSS REVENUES AND NET INCOME FOR THE FIRST QUARTER OF FISCAL 1992
FREDA CORPORATION REPORTS GROSS REVENUES AND NET LOSS FOR THIRD QUARTER AND NET INCOME FOR NINE MONTH OF FISCAL 1992
FREDA CORPORATION REPORTS GROSS REVENUES AND NET LOSS FOR THE FOURTH QUARTER AND NET LOSS FOR THE YEAR IN FISCAL 1992
FREDA CORPORATION REPORTS GROSS REVENUES AND NET INCOME FOR THE THIRD QUARTER AND FOR THE NINE MONTHS OF FISCAL 1993
FREDA CORPORATION REPORTS GROSS REVENUES AND NET INCOME FOR THE FOURTH QUARTER AND NET INCOME FOR THE YEAR IN FISCAL 1993
FREDA CORPORATION REPORTS GROSS REVENUES AND NET INCOME FOR THE FIRST QUARTER OF FISCAL 1994
FREDA CORPORATION REPORTS GROSS REVENUES AND NET LOSS FOR THE SECOND QUARTER AND NET INCOME FOR THE SIX MONTHS OF FISCAL 1994
FREDA CORPORATION REPORTS GROSS REVENUES AND NET LOSS FOR THE FIRST QUARTER OF FISCAL 1995
FREDA CORPORATION REPORTS GROSS REVENUES AND NET INCOME FOR THE THIRD QUARTER AND NET INCOME FOR THE NINE MONTHS OF FISCAL 1995

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters