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LATSHAW ENTERPRISES REPORTS RESULTS

 WICHITA, Kan., Jan. 28 /PRNewswire/ -- Latshaw Enterprises had a net loss for the fourth quarter of 1992 of $92,000, or 16 cents a share, compared to a net loss of $871,000, or $1.51 a share, for the same period in 1991. For the fiscal year 1992, there was a per share loss of 15 cents on net loss of $86,000. This compares to a $1.80 per share net loss on a total net loss of $1,042,000 for fiscal 1991.
 LATSHAW ENTERPRISES, INC. AND SUBSIDIARIES
 Summary of Sales and Earnings
 (in thousands except per-share data)
 Periods Three months Year
 ended 10/31/92 11/2/91 10/31/92 11/2/91
 Net sales $6,623 $5,152 $26,366 $20,775
 Loss before taxes and
 extraordinary item (139) (1,089) (318) (1,854)
 Income tax benefit (39) (340) (108) (596)
 Loss before extraordinary
 item (100) (749) (210) (1,258)
 Extraordinary item 8 (122) 124 216
 Net loss (92) (871) (86) (1,042)
 Net loss per common share:
 Loss before extraordinary
 item $(.17) $(1.30) $(.36) $(2.17)
 Extraordinary item .01 (.21) .21 .37
 Net loss per share (.16) (1.51) (.15) (1.80)
 Weighted average shares
 outstanding 582,998 579,313 585,631 580,050
 -0- 1/28/93
 /CONTACT: David G. Carr, VP finance of Latshaw Enterprises, 316-942-7266, ext. 277/


CO: Latshaw Enterprises Incorporated ST: Kansas IN: SU: ERN

LD-KD -- NY105 -- 0512 01/28/93 17:40 EST
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Publication:PR Newswire
Date:Jan 28, 1993
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