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PVC CONTAINER REPORTS FIRST QUARTER RESULTS FOR THE PERIOD ENDED SEPT. 30, 1991

              PVC CONTAINER REPORTS FIRST QUARTER RESULTS
                  FOR THE PERIOD ENDED SEPT. 30, 1991
    EATONTOWN, N.J., Dec. 13 /PRNewswire/ -- PVC Container Corporation (NASDAQ: PVCC) announced today its first quarter results as follows:
                         PVC CONTAINER CORPORATION
      Three months ended Sept. 30:     1991             1990
    Net sales                      $9,188,105       $6,924,999
    Income from operations            662,775          273,913
    Income before provisions
     for taxes                        557,734          111,740
    Net income                        344,734           70,840
    Earnings per share                   $.05             $.01
    Phillip L. Friedman, president and chief executive officer noted, "Export sales volume of PVC compound produced by our Novatec Plastics subsidiary during the quarter, and overall strong demand for plastic bottles, boosted revenues and profits during the period."
    PVC Container Corporation, located in Eatontown, is a major producer of plastic containers for the packaging industry.  Its wholly owned subsidiary, Novatec Plastics & Chemicals Company Inc., is a leading supplier of PVC compounds and plastic alloys in the United States. Novablend and Novaloy are registered trademarks of PVC Container Corporation.
    -0-        12/13/91
    /CONTACT:  Debbie Napolitano of PVC Container Corp., 908-542-0060/
    (PVCC) CO:  PVC Container Corporation ST:  New Jersey IN: SU:  ERN TS-SM -- NY033 -- 2387 12/13/91 13:06 EST
COPYRIGHT 1991 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1991 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Dec 13, 1991
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