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TRION, INC. ANNOUNCES RESULTS FOR FOURTH QUARTER AND THE YEAR ENDED DECEMBER 31, 1992

 SANFORD, N.C., Jan. 28 /PRNewswire/ -- TRION, INC. (NASDAQ: TRON) announced fourth quarter sales of $8,241,000 compared to $10,327,000 in the 1991 period. Net income for the quarter was $242,000 ($.04 per share) compared to a net loss of $462,000 ($.07 per share) in 1991.
 Sales for the year were $33,571,000 compared to $34,937,000 in 1991. Income before a nonrecurring charge and income taxes was $1,365,000 compared to a loss of $2,114,000 in 1991. The nonrecurring charge relating to the management restructuring announced in July reduced 1992 net income by $969,000 ($.15 per share). Net loss for 1992 was $275,000 ($.04 per share) compared to a net loss of $2,083,000 ($.33 per share) last year.
 Samuel J. Wornom III, President and Chief Exment in consolidated income from operations. Wornom further stated that as economic conditions continue to improve in 1993, sales and earnings should also improve. The Company's financial condition remains sound with shareholders' equity of $12,801,000, working capital of $10,776,000 and long-term debt at 27 percent of equity.
 Trion specializes in the design, manufacture and sale of air cleaning equipment.
 -0- 1/28/93
 /CONTACT: W.P. Glaser, TRION, INC., 919-775-2201/
 (TRON)


CO: TRION, INC. ST: North Carolina IN: SU: ERN

SB -- CH005 -- 0110 01/28/93 09:40 EST
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Publication:PR Newswire
Date:Jan 28, 1993
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