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TRAVEL PORTS OF AMERICA SEES PROFIT GAIN FOR FISCAL 1992

 TRAVEL PORTS OF AMERICA SEES PROFIT GAIN FOR FISCAL 1992
 ROCHESTER, N.Y., June 24 /PRNewswire/ -- Travel Ports of America (NASDAQ: TPOA), the Rochester-based operator of travel centers in the eastern United States, anticipates profits for its 1992 fiscal year ended April 30 of about 10 cents per share as compared with 1991's profit of 3 cents per share, according to John Holahan, president. The results are based on unaudited figures.
 Holahan said after-tax profits should approximate $525,000, as contrasted with last year's profits of $136,000. The company had reported profits of $340,700, or 7 cents per share, for the first nine months of fiscal 1992.
 Diesel fuel sales in terms of gallons rose by nearly 3 percent during the fiscal year, Holahan said. Despite lower diesel fuel margins, operating results improved through higher margins generated in the restaurants, repair ships and travel stores and due to lower interest costs.
 -0- 6/24/92
 /CONTACT: William Burslem of Travel Ports of America, 716-272-1810/
 (TPOA) CO: Travel Ports of America, Inc. ST: New York IN: TRN SU: ERN


DA -- CL0017 -- 3403 06/24/92 15:33 EDT
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Publication:PR Newswire
Date:Jun 24, 1992
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