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S.O.I. INDUSTRIES, INC. REPORTS IMPROVED QUARTERLY SALES, EARNINGS

 HIALEAH, Fla., Jan. 21 /PRNewswire/ -- S.O.I. Industries, Inc. (NASDAQ: LAMP) reported sales for the second quarter ended Dec. 31, 1992 rose 52 percent to $4,962,190 from $3,003,491 for the same period in 1991. Net earnings were $79,972 vs. $20,783 a year ago. For the six months ended Dec. 31, 1992 sales were $8,895,119, an increase of 55 percent over the comparable period in 1991 while net income was $54,496 vs. $73,196 in 1991.
 S.O.I INDUSTRIES, INC.
 Quarter Ended Six Months Ended
 Dec. 31, Dec. 31,
 1992 1991 1992 1991
 Net Sales $4,962,190 $3,003,491 $8,895,119 $5,718,818
 Profit Before
 Taxes &
 Minority Interest 226,345 63,332 280,359 170,843
 Income Taxes 107,086 11,000 90,960 40,000
 Minority Interest 39,287 31,549 84,903 57,647
 Net Income $ 79,972 $ 20,783 $ 54,496 $ 73,196
 Per Share $ .01 $ --- $ .01 $ .01
 SUPPLEMENTAL INFORMATION
 Depreciation 172,159 134,580 335,587 269,160
 Cash Flow 252,131 155,363 390,083 342,356
 Cash Flow Per Share .02 .01 .04 .03
 -0- 1/21/93
 /CONTACT: Donald E. Courtney of S.O.I. Industries, 305-835-2214/
 (LAMP)


CO: S.O.I. Industries, Inc. ST: Florida IN: HOU SU: ERN

AW-JB -- FL007 -- 7301 01/21/93 10:18 EST
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Date:Jan 21, 1993
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