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PREMDOR REPORTS FIRST QUARTER 1993 RESULTS

 TORONTO, May 11 /PRNewswire/ -- Premdor Inc. of Toronto today announced its first quarter results for the period ending March 31, 1993.
 Sales for the first quarter of 1993 were, C$126.0 million (US$100.0 million) which is a 34 percent increase over the first quarter 1992 revenue of C$93.7 million (US$79.4 million). The company reported net income of C$3.2 million (US$2.5 million) for the first quarter in 1993, or C$0.10 per share (US$0.08), compared to C$957,000 (US$811,000) or C$0.04 per share (US$0.03) reported in the first quarter 1992.
 Premdor Inc. is among the largest manufacturers and distributors of wood doors, steel doors and moldings for residential construction, home repair and renovation and commercial use in the world.
 PREMDOR INC.
 First Quarter Ended March 31
 (Canadian Dollars)
 1993 1992
 Net sales $126,005,000 $93,734,000
 Net income for the period $ 3,172,000 $ 957,000
 Net income per share for
 the period $ 0.10 $ 0.04
 Common shares outstanding as at
 March 31, 1993 32,484,102 --
 (U.S. Dollars)
 1993 1992
 Net sales $100,004,000 $79,436,000
 Net income for the period $ 2,517,000 $ 811,000
 Net income per share
 for the period $ 0.08 $ 0.03
 -0- 4/11/93
 /CONTACT: Philip Orsino, president and chief executive officer of Premdor Inc., 416-250-8933/


CO: Premdor Inc. ST: Ontario IN: CST SU: ERN

SM -- NY093 -- 7218 05/11/93 16:19 EDT
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Publication:PR Newswire
Date:May 11, 1993
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