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SECOM GENERAL CORPORATION REPORTS HIGHER SALES AND EARNINGS FOR MARCH 31, 1992, QUARTER

 SECOM GENERAL CORPORATION REPORTS HIGHER SALES AND EARNINGS
 FOR MARCH 31, 1992, QUARTER
 NOVI, Mich., April 9 /PRNewswire/ -- Secom General Corporation (NASDAQ: SECM) today announced higher sales and earnings results for the quarter ended March 31, 1992, the company's second fiscal year quarter, compared to the same quarter last year. Sales were $8.6 million vs. $2.6 million and earnings were $496,700 vs. $208,300. Comparative data follow:
 SECOM GENERAL CORPORATION
 QTD YTD QTD YTD
 3/31/92 3/31/92 3/31/91 3/31/91
 Sales $8,603,100 $17,081,300 $2,637,300 $5,348,900
 Income before use of
 tax carryforwards 318,400 652,100 137,500 289,900
 Tax carryforward
 credits 178,300 365,300 70,800 149,300
 Net income 496,700 1,017,400 208,300 439,200
 Earnings per share
 Earnings before use
 of tax carryforwards $0.12 $0.26 $0.11 $0.22
 Tax carryforward
 credits $0.06 $0.13 $0.05 $0.12
 Net earnings per share $0.18 $0.39 $0.16 $0.34
 Note: All earnings per share data have been restated to reflect the 10-percent stock dividend declared March 9, 1992.
 "We are making significant improvements in productivity throughout our operations, during very tough economic times. With a modest turnaround in the economy, our results should improve dramatically for comparable periods next year," said Roy McKnight, Secom's CEO.
 -0- 4/9/92
 /CONTACT: David J. Marczak of Secom General, 313-349-8970/
 (SECM) CO: Secom General Corporation ST: Michigan IN: MAC SU: ERN


ML -- DE002 -- 6645 04/09/92 09:55 EDT
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Publication:PR Newswire
Date:Apr 9, 1992
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