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WEDCO TECHNOLOGY REPORTS NET REVENUES AND OPERATING INCOME FOR THE NINE AND THREE MONTHS ENDED DEC. 31, 1991

 WEDCO TECHNOLOGY REPORTS NET REVENUES AND OPERATING INCOME
 FOR THE NINE AND THREE MONTHS ENDED DEC. 31, 1991
 BLOOMSBURY, N.J., Jan. 30 /PRNewswire/ -- Wedco Technology, Inc. (AMEX: WED), a provider of custom processing services and manufacturer of related machinery for the plastics industry, today announced its operating results for the nine- and three-month periods ended Dec. 31, 1991.
 WEDCO TECHNOLOGY, INC.
 (In thousands except per-share amounts)
 Nine months Three months
 Periods ended Pct. Pct.
 Dec. 31 1991 1990 Change 1991 1990 Change
 Net revenues $22,163 $21,158 4.8 $7,752 $7,693 0.8
 Operating income 2,751 2,780 (1.0) 1,100 1,124 (2.1)
 Income before income taxes 1,870 1,289 45.1 803 570 40.9
 Net income 1,206 898 34.3 509 422 20.6
 Net income per common share $.40 $.29 --- $.17 $.13 ---
 Average shares outstanding 3,033 3,062 --- 3,030 3,060 ---
 In commenting on these results, William E. Willoughby, chairman and president, said, "We are pleased with these results, which are consistent with our expectations for growth in sales and profitability of the company."
 /delval/
 -0- 1/30/92
 /CONTACT: Dudley M. Harman, vice president, or Nicholas Ruitenberg, chief financial officer, of Wedco Technology, 908-479-4181/
 (WED) CO: Wedco Technology, Inc. ST: New Jersey IN: MAC SU: ERN


MP-LJ -- PH004 -- 5097 01/30/92 09:09 EST
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Date:Jan 30, 1992
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