
                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: SATURDAY, October 16, 1993                   TAG: 9310160081
SECTION: BUSINESS                    PAGE: A6   EDITION: METRO 
SOURCE: 
DATELINE:                                 LENGTH: Short

GEORGIA-PACIFIC

Georgia-Pacific Corp., Atlanta-based forest-products company with operations in Bedford County and a distribution center in Roanoke, reported a third-quarter net loss of $36 million, or 42 cents per share, compared with a net loss of $174 million, or $2.01 per share, in the 1992 quarter. Excluding the effect of asset sales, total operating profits were $204 million, slightly less than the 1992 quarter of $209 million, but up from $188 million in the second quarter. Sales were $3 billion, vs. $3.1 billion for the 1992 period.

For the nine months, net income was $2 million, or 2 cents per share, vs. a net loss of $228 million, or $2.64 per share, for the 1992 period.

by CNB