ROANOKE TIMES Copyright (c) 1996, Roanoke Times DATE: Thursday, May 2, 1996 TAG: 9605020054 SECTION: BUSINESS PAGE: B-7 EDITION: METRO
Crown American Realty Trust
1st qtr ended 3-31 1996 1995
Revenues $33.4 million $32.2 million
Net Income $8.9 million $9.3 million
Share earnings 32 cents 34 cents
Crown American Realty Trust, headquartered in Johnstown, Pa., and operator of New RIver Valley Mall, said its decline in net income was due to a variety of factors including higher interest costs on higher average outstanding balances and heavy snow removal costs from its malls.
Pittston Minerals Group
1st qtr. ended 3-31 1996 1995
Revenues $170.3 million $195.7 million
Net Income $3 million $470,000
Share earnings 25 cents 5 cents
The Pittston Minerals Group is an independent unit of the Pittston Co. of Stamford, Conn. and the operator of coal mines in Southwest Virginia.
Vishay Intertechnology Inc.
1st qtr. ended 3-31 1996 1995
Revenues $310.6 million $310.3 million
Net Income $28 million $22 million
Share earnings 48 cents 42 cents
Vishay Intertechnology Inc., Malvern, Pa. is a maker of passive electronic components for industry and parent of Vitramon Inc. of Roanoke.
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