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REDLAW INDUSTRIES INC. REPORTS RESULTS

 BRANTFORD, Ontario, Jan. 15 /PRNewswire/ -- The financial results of Redlaw Industries Inc. (AMEX: RDL) of Brantford, Ontario for the fiscal year ended Sept. 30, 1992 were today released by the company. All dollars quoted are Canadian.
 Consolidated sales for the year were $43,468,000 compared to $56,675,000 for the previous year.
 The loss for the year was $19,211,000 or $5.47 per share compared to the prior year's loss of $11,445,000 or $6.65 per share.
 Consolidated sales for the fourth quarter were $11,583,000 compared to $12,913,000 for the previous year.
 The loss for the fourth quarter was $14,474,000 or $4.12 per share compared to the prior year's loss of $5,928,000 or $3.11 per share.
 -0- 1/15/93
 /CONTACT: Rainer Bosselmann, vice chairman of Redlaw Industries Inc., 301-656-0626/
 (RDL)


CO: Redlaw Industries Inc. ST: Ontario IN: AUT SU: ERN

SM -- NY064 -- 5566 01/15/93 17:20 EST
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Publication:PR Newswire
Date:Jan 15, 1993
Words:166
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