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TRANSAMERICAN WASTE REPORTS SECOND QUARTER RESULTS

 HOUSTON, April 14 /PRNewswire/ -- TransAmerican Waste Industries, Inc. (NASDAQ: WSTE) reported revenues of $2,213,000 resulting in a net loss of $176,000 for the three months ended Feb. 28, 1993, as compared with revenues of $1,866,000 and net income of $338,000 for the same period last year.
 For the six months ended Feb. 28, 1993, net income was $24,000 on revenues of $4,378,000, as compared to net income of $955,000 on revenues of $4,293,000 for the same period in 1992.
 The decrease in net income is attributable to the increase of general and administrative expenses related to the acquisitions of B.C. Environmental, Inland Products, Inc., Controlled Recovery, Inc., as well as the anticipated acquisitions of Crossridge Landfill and REC Corporation. Management believes that the company will realize long- term benefits from these acquisitions as their markets are integrated and expanded and demand for their services increase.
 TransAmerican Waste Industries, Inc. is an environmental solutions company involved in the transportation, processing and disposal of solid and industrial waste. Operations also include environmental consulting and engineering and remediation contracting services. The company's common stock is traded on the National Market System under the NASDAQ symbol WSTE.
 TRANSAMERICAN WASTE INDUSTRIES, INC.
 Summary Data Table
 Three Months Ended Feb. 28,
 1993 1992
 Revenues $ 2,213,000 $ 1,866,000
 Operating Margin 772,000 770,000
 Corporate Overhead 842,000 138,000
 Pre-Tax Income (323,000) 521,000
 Net Income $ (176,000) $ 338,000
 Earnings Per Share ($0.01) $0.04
 Weighted Average Shares Outstanding 14,318,000 9,350,000
 Six Months Ended Feb. 28,
 1993 1992
 Revenues $ 4,378,000 $ 4,293,000
 Operating Margin 1,837,000 1,809,000
 Corporate Overhead 1,535,000 138,000
 Pre-Tax Income (41,000) 1,456,000
 Net Income $ 24,000 $ 955,000
 Earnings Per Share $0.00 $0.10
 Weighted Average Shares Outstanding 14,634,000 9,350,000
 -0- 4/14/93
 /CONTACT: Tommy Fatjo, vice president of TransAmerican Waste Industries, Inc., 713-956-1212/
 (WSTE)


CO: TransAmerican Waste Industries, Inc. ST: Texas IN: ENV SU: ERN

PS -- NY061 -- 5727 04/14/93 12:33 EDT
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Publication:PR Newswire
Date:Apr 14, 1993
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