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ICA RELEASES FIRST QUARTER RESULTS

 ICA RELEASES FIRST QUARTER RESULTS
 MEXICO CITY, May 4 /PRNewswire/ -- Empresas ICA Sociedad


Controladora, S.A. de C.V. (ICA) today released its first quarter results. ICA consolidated revenues of 1,012,051 million pesos, consolidated operating earnings of 91,915 million pesos and consolidated net earnings of 69,039 million pesos for the first quarter of 1992 as compared to consolidated revenues of 879,356 million pesos, consolidated operating earnings of 19,900 million pesos and consolidated net earnings of 2,114 million pesos for the comparable period of 1991.
 All figures released were prepared in accordance with Mexican generally accepted accounting principles and stated in constant pesos as of March 31, 1992.
 Revenues and operating earnings for the first quarter of 1992 benefited from increased construction activity, which reflects in part a reduction in the seasonality of the ICA's operations due to the shift to private-sector financing of the construction of infrastructural facilities.
 -0- 5/4/92
 /CONTACT: Hector Tovar Santos or Victor Bravo Martin of ICA, in Mexico City: 525-272-9991/ CO: Empresas ICA Sociedad Controladora, S.A. de C.V. ST: IN: SU: ERN


TS-SH -- NY019 -- 5828 05/04/92 08:30 EDT
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Publication:PR Newswire
Date:May 4, 1992
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