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HYTEK ANNOUNCES SECOND QUARTER RESULTS

 HYTEK ANNOUNCES SECOND QUARTER RESULTS
 CARSON CITY, Nev., July 9 /PRNewswire/ -- Hytek Microsystems Inc.


(NASDAQ: HTEK) reported unaudited second quarter 1992 financial results as follows: (In thousands except per share data.)
 Statement of Operations Data
 Quarter Ended
 6/27/92 6/29/91
 Net revenues $1,004 $992
 Net income 82 (24)
 Income per share: $.03 $(.01)
 Weighted avergage shares
 outstanding 2,751 2,751
 Balance Sheet Data
 6/27/92 6/29/91
 Assets
 Current assets $1,354 $1,138
 Net property, plant and equipment 223 279
 Other assets 35 47
 Total assets $1,612 $1,464
 Liabilities and equity
 Current liabilities $ 560 $ 615
 Shareholders' equity 1,052 849
 Total liabilities and equity $1,612 $1,464
 Hytek incurred net losses of $5,369,000 and $2,536,000 in 1989 and 1990 respectively. During 1990, Hytek reduced its overall size through a partial liquidation and consolidated its operations in its Carson City facility. The company reported earnings of $0.04 per share for the year ended Dec. 28, 1991.
 Founded in 1974, Hytek specializes in hybrid microelectronic circuits that are used in military, computer, telecommunications and other OEM applications.
 -0- 7/9/92
 /CONTACT: James M. Phalan or Charles S. Byrne of Hytek Microsystems, 702-883-0820/
 (HTEK) CO: Hytek Microsystems Inc. ST: Nevada IN: CPR SU: ERN


JL-DG -- SF003 -- 8131 07/09/92 11:52 EDT
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Date:Jul 9, 1992
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