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HAWKINS CHEMICAL ANNOUNCES THIRD QUARTER EARNINGS

 MINNEAPOLIS, Sept. 2 /PRNewswire/ -- Dean L. Hahn, president of Hawkins Chemical, Inc., announced today that earnings for the third quarter of this fiscal year were $1,251,138 compared to $1,557,117 one year ago, a decrease of $305,979. For the nine-month period ended June 30, 1993, net income was $3,247,522, an increase of 9.9 percent from the comparable period one year ago. Income per share for the nine months ended June 30, 1993 was $.36 compared to $.32 last year.
 HAWKINS CHEMICAL, INC. AND SUBSIDIARIES
 CONSOLIDATED STATEMENT OF INCOME
 Three Months Ended Nine Months Ended
 6/30/93 6/30/92 6/30/93 6/30/92
 Net sales $20,723,685 $21,267,649 $49,242,507 $49,223,672
 Net income 1,251,138 1,557,117 3,247,522 2,955,489
 Earnings per common
 share $.14 $.17 $.36 $.32
 Notes:
 (a) This is an interim statement subject to audit and to adjustments which may develop during the fiscal year.
 (b) Earnings per common share are based on the average number of shares outstanding after giving effect to a 5 percent stock dividend declared Feb. 24, 1993, to shareholders of record at the close of business March 26, 1993.
 -0- 9/2/93
 /CONTACT: Roger Ottem of Hawkins Chemical, 612-331-6910/


CO: Hawkins Chemical, Inc. ST: Minnesota IN: CHM SU: ERN

KH-DB -- MN002 -- 8558 09/02/93 16:30 EDT
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Publication:PR Newswire
Date:Sep 2, 1993
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