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NORTHERN TECHNOLOGIES INTERNATIONAL CORPORATION ANNOUNCES SALES AND EARNINGS FOR FOURTH QUARTER AND FISCAL YEAR ENDED AUG. 31, 1993

 LINO LAKES, Minn., Nov. 23 /PRNewswire/ -- Northern Technologies International Corporation today announced sales and earnings for the fourth quarter and fiscal year ended Aug. 31, 1993.
 Fourth Quarter Ended
 8/31/93 8/31/92
 Sales $1,038,334 $1,046,687
 Net income $425,860 $370,898
 Earnings per common share $.10 $.09
 Fiscal Year Ended
 8/31/93 8/31/92
 Sales $4,013,273 $3,780,114
 Net income $1,228,155 $1,127,210
 Earnings per common share $.29 $.27
 The company's sales, net income and earnings per common share for fiscal year 1993 increased as compared to fiscal year 1992. The company's fees received from and its equity value in the international joint ventures continued to increase in 1993.
 Northern Technologies International Corporation, Lino Lakes, located in the Minneapolis-St. Paul metropolitan area, is a manufacturer of proprietary corrosion inhibiting products and electronic sensing instruments.
 -0- 11/23/93
 /CONTACT: Loren M. Ehrmanntraut, secretary/treasurer of Northern Technologies International Corp., 612-784-1251/


CO: Northern Technologies International Corporation ST: Minnesota IN: SU: ERN

CP-DB -- MN013 -- 7205 11/23/93 10:47 EST
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Publication:PR Newswire
Date:Nov 23, 1993
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