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TRAVEL PORTS OF AMERICA, INC. 1992 FISCAL RESULTS

 TRAVEL PORTS OF AMERICA, INC. 1992 FISCAL RESULTS
 ROCHESTER, N.Y., July 23 /PRNewswire/ -- Travel Ports of America,


Inc. (NASDAQ: TPOA) today reported earnings for the fiscal year ended April 30, 1992 of $553,918, or 11 cents per share, compared to $136,408, or 3 cents per share for the prior year. Sales for fiscal 1992 were $137,945,037, a decline of 4.5 percent from the prior year.
 John Holahan, president, said he was pleased with the net income as compared to the past two years and also overcoming to some extent the impact that the recession has had in its marketing areas.
 SUMMARY OF RESULTS (UNAUDITED FOR QUARTER, AUDITED FOR YEAR)
 Three Months Ended April 30
 1992 1991
 Revenue $ 34,607,747 $ 35,305,519
 Net Income (Loss) $ 213,181 $ (396,979)
 Per Share $ .04 $ (.07)
 Shares Outstanding 5,184,038 5,184,038
 (Common and Common
 Equivalent Shares)
 Year Ended April 30
 1992 1991
 Revenue $137,945,037 $144,398,339
 Net Income (Loss) $ 553,918 $ 136,408
 Per Share $ .11 $ .03
 Shares Outstanding 5,184,038 5,186,656
 (Common and Common
 Equivalent Shares)
 -0- 7/23/92
 /CONTACT: William Burslem III of Travelports of America, 716-272-1810/
 (TPOA) CO: Travel Ports of America ST: Ohio IN: TRN SU: ERN


LC -- CL026 -- 2731 07/23/92 16:49 EDT
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Jul 23, 1992
Words:224
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