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NATEC ANNOUNCES $698,000 IMPROVEMENT IN THIRD QUARTER RESULTS

 HOUSTON, Nov. 4 /PRNewswire/ -- NaTec Resources, Inc. (NASDAQ: NATC) today reported operating results for the three and nine months ended Sept. 30, 1993.
 NaTec generated a loss from continuing operations for the three months ended Sept. 30, 1993 of $397,000 or $0.03 per share, on revenues of $379,000, vs. a loss from continuing operations of $1,095,000, or $0.06 per share, on revenues of $841,000 for the corresponding quarter of the prior year.
 For the nine months ended Sept. 30, 1993, NaTec generated a loss from continuing operations of $757,000, or $0.07 per share, on revenues of $2,146,000, vs. a loss from continuing operations of $4,175,000, or $0.21 per share, on revenues of $2,171,000, for the corresponding nine month period of the prior year.
 Prior year revenues included nahcolite sales to North American Chemical Company of $354,000 and $1,016,000 for the three and nine months ended Sept. 30, 1993. North American Chemical Company is now a joint venture partner with NaTec in White River Nahcolite Minerals.
 The significant reductions in the losses from continuing operations are primarily attributable to, (i) improved operating margins associated with the production of nahcolite, which resulted from the joint venture with North American Chemical Company and, (ii) lower operating costs resulting from the streamlining of operations. Additionally, the nine months ended September 30, 1992 included the recognition of an estimated loss on sale of assets of $958,000 recorded in conjunction with the North American Chemical Company transaction.
 John McCormack, president and CEO of NaTec Resources, stated, "We are extremely pleased with the continuing positive effects of the restructuring of both our operational and administrative functions. Our participation in the joint venture has contributed significantly to our cost reduction efforts while improving our ability to supply nahcolite to our customers for use with our dry sodium injection emissions control technology. We continue to focus on domestic and international sales opportunities developing in the utility and industrial markets served by NaTec."
 The net loss attributable to common shares for the three months ended Sept. 30, 1993 was $755,000, or $0.03 per share, compared to $1,472,000, or $0.06 per share, for the three months ended Sept. 30, 1992. The net loss attributable to common shares for the nine months ended Sept. 30, 1993 was $1,829,000, or $0.07 per share, compared to $5,609,000, or $0.22 per share, for the nine months ended Sept. 30, 1992. These amounts include the effect of the preferred stock dividends of $358,000 for the three month and $1,073,000 for the nine month periods noted above. Additionally, the net loss attributable to common shares for the three and nine months ended September 30, 1992 includes $20,000, or $0.00 per share and $362,000 or $0.01 per share, respectively, of losses associated with the discontinued specialty chemical operations.
 NaTec has recently completed the first phase of the installation of dry sodium injection systems at Wisconsin Electric Power Company's Port Washington plant. The second phase is currently underway with completion scheduled during the first quarter of 1994.
 NaTec is committed to the control of pollutants commonly associated with acid rain. The company provides consulting engineering, injection system installation, operations and maintenance services, and sorbent supply. Primary markets are utility, industrial power generation, pulp and paper, refining and municipal solid waste.
 NaTec Resources, Inc. and Subsidiaries
 Consolidated Statement of Operations
 Three Months Ended Nine Months Ended
 September 30, September 30,
 1993 1992 1993 1992
 Revenues $379,335 $841,215 $2,146,034 $2,171,338
 Cost of sales 345,915 1,140,045 1,793,497 2,893,185
 Gross profit (loss) 33,420 (298,830) 352,537 (721,847)
 Operating costs 376,604 711,406 984,891 2,282,939
 Operating loss from
 continuing
 operations (343,184) (1,010,236) (632,354)(3,004,786)
 Equity loss in
 affiliates (56,617) -- (196,183) --
 Estimated loss on pending
 sale of assets -- -- -- (956,746)
 Other income and expense 2,570 (84,687) 71,624 (213,139)
 Loss from continuing
 operations (397,231) (1,094,923) (756,913)(4,174,671)
 Loss from discontinued
 operations -- (20,011) -- (361,826)
 Net loss (397,231) (1,114,934) (756,913)(4,536,497)
 Preferred stock
 dividends 357,500 357,500 1,072,500 1,072,500
 Net loss attributable
 to common shares $(754,731) $(1,472,434)$(1,829,413)$(5,608,997)
 Loss attributable to
 common share (A):
 From continuing
 operations $ (0.03) $ (0.06) $ (0.07) $ (0.21)
 Net loss $ (0.03) $ (0.06) $ (0.07) $ (0.22)
 Average Shares
 Outstanding 25,484,787 25,458,787 25,486,537 25,458,787
 (A) Includes the effect of preferred stock dividends.
 -0- 11/4/93
 /CONTACT: John T. McCormack of NaTec Resources, Inc., 713-552-2344/
 (NATC)


CO: NaTec Resources, Inc. ST: Texas IN: ENV SU: ERN

WB -- NY043 -- 0640 11/04/93 10:55 EST
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