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KENAN TRANSPORT COMPANY REPORTS FIRST QUARTER RESULTS

 CHAPEL HILL, N.C., April 30 /PRNewswire/ -- Kenan Transport Company (NASDAQ-NMS: KTCO) today reported results for the first quarter of 1993.
 Revenue for the first quarter of 1993 was $14,120,000, an increase of $649,000 and 5 percent over the first quarter of 1992. Net income was $910,000, an increase of $74,000 and 9 percent. Earnings per share were $.39 compared to $.35 in 1992.
 QUARTER ENDED MARCH 31,
 1993 1992
 Revenue $14,120,000 $13,471,000
 Net Income $ 910,000 $ 836,000
 Earnings Per Share $ .39 $ .35
 -0- 4/30/93
 /CONTACT: William L. Boone, Vice President - Finance, Kenan Transport Company, 919-967-8221/
 (KTCO)


CO: Kenan Transport Company ST: North Carolina IN: TRN SU: ERN

MM -- CH004 -- 3090 04/30/93 09:50 EDT
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Publication:PR Newswire
Date:Apr 30, 1993
Words:129
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