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KRUG INTERNATIONAL CORP. ANNOUNCES FISCAL 1992 THIRD QUARTER AND NINE-MONTH RESULTS

 KRUG INTERNATIONAL CORP. ANNOUNCES FISCAL
 1992 THIRD QUARTER AND NINE-MONTH RESULTS
 DAYTON, Ohio, Feb. 4 /PRNewswire/ -- Krug International (NASDAQ: KRUG) today announced results for the third quarter and nine-month period ended Dec. 31, 1991. Revenues for the third quarter were $25.7 million, compared to $26.4 million recorded for the third quarter last year. For the nine months, revenues were $72.4 million, compared to $80.8 million recorded in the corresponding period last year.
 For the third quarter, net earnings were $277,000 or $.07 per share compared to $232,000 or $.06 per share for the third quarter last year. For the nine months, net earnings were $880,000 or $.21 per share compared to $1,799,000 or $.44 per share for the corresponding period last year.
 The depressed worldwide economic conditions and unfavorable currency translation continued to have a negative effect on revenues and net earnings during the third quarter and nine-month period. The corporation's leisure marine business in the United Kingdom has been signficantly impacted by the poor economic conditions.
 Through its three businesses -- Aerospace in the U.S.; Leisure Marine and Housewares in the U.K. -- Krug International provides government, industry and consumers with a wide variety of products and services.
 In the United States, the Aerospace business has been providing technical and professional services to NASA and the Department of Defense for more than 30 years in life sciences research, laboratory operations and biotechnology development. Included in Aerospace is the Alpha Net Division, a network communications company that designs, installs and maintains local and wide area networks for data, voice and video communications with emphasis on fiber optics.
 In the U.K., Krug International manufactures housewares and garden products and distributes leisure marine equipment.
 Krug International common shares are traded on the NASDAQ National Market System, symbol KRUG; Wall Street Journal OTC National Market issue, symbol KRUG.
 -0- 2/4/92
 /CONTACT: Ellen H. Geron of KRUG International, 513-224-9066/
 (KRUG) CO: KRUG International ST: Ohio IN: ARO LEI SU: ERN


KK -- CL012 -- 3318 02/04/92 14:10 EST
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Publication:PR Newswire
Date:Feb 4, 1992
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