ROANOKE TIMES 
                      Copyright (c) 1996, Roanoke Times

DATE: Tuesday, October 22, 1996              TAG: 9610220086
SECTION: BUSINESS                 PAGE: B-5  EDITION: METRO 


REPORTED EARNINGS

Bontex Georgia Bonded Fibers Inc.

4th qtr. ended 6-30 1996 1995

Revenues $13.2 million $14.0 million

Net Income $229,000 ($195,000)

Share earnings 15 cents (12 cents)

Year ended 6-30

Revenues $47.6 million $51.0 million

Net Income ($602,000) ($1.5 million)

Share earnings (38 cents) (93 cents)

Bontex, which operates manufacturing facilities in Buena Vista, produces elastomeric wet web fiberboard products used by the footwear, luggage and automotive industries.

Cardinal Bankshares Corp.

3rd qtr. ended 9-30 1996 1995

Net Interest Income $1.27 million $1.25 million

Net Income $401,000 $371,000

Share earnings 86 cents 80 cents

9 months ended 9-30

Net Interest Income $3.68 million $3.70 million

Net Income $1.2 million $1 million

Share earnings $2.53 $2.17

Cardinal Bankshares Corp. is the parent company of the Bank of Floyd.

Chesapeake Corp.

3rd qtr. ended 9-30 1996 1995

Revenues $309.3 million $330.8 million

Net Income $9.5 million $29.9 million

Share earnings 40 cents $1.24

9 months ended 9-30

Revenues $863.6 million $937 million

Net Income $21.3 million $69.2 million

Share earnings 90 cents $2.88

Chesapeake Corp.is a Richmond-based forest products company with operations of its Chesapeake Packaging Co. division in Roanoke.

Hubbell Inc.

3rd qtr. ended 9-30 1996 1995

Revenues $332.8 million $287 million

Net Income $37 million $31.7 million

Share earnings 55 cents 47 cents

9 months ended 9-30

Revenues $966.3 million $860.4 million

Net Income $104.4 million $90.2 million

Share earnings $1.55 $1.35

The Orange, Conn., manufacturer of industrial wiring and controls has a plant in Christiansburg.

Intermet Corp.

3rd qtr. ended 9-30 1996 1995

Revenues $130.3 million $117.3 million

Net Income $6.8 million $3.4 million

Share earnings 27 cents 14 cents

9 months ended 9-30

Revenues $408.2 million $419.6 million

Net Income $26.4 million $19.4 million

Share earnings $1.04 78 cents

The Atlanta company is parent of the Radford Shell Plant, formerly Lynchburg Foundry, and the New River Casting facility, also in Radford.

Modine Manufacturing Co.

2nd qtr. ended 9-26 1996 1995

Revenues $254.2 million $254.3 million

Net Income $15.7 million $16.7 million

Share earnings 51 cents 55 cents

6 months ended 9-26

Revenues $502.7 million $493.5 million

Net Income $32 million $32.7 million

Share earnings $1.05 $1.07

The Racine, Wis., maker of heating and ventilation equipment has operations in Buena Vista.

Noland Co.

3rd qtr. ended 9-10 1996 1995

Revenues $123.5 million $120.7 million

Net Income $1.9 million $1.3 million

Share earnings 51 cents 36 cents

9 mos. ended 9-10

Revenues $354.3 million $356.0 million

Net Income $4.5 million $4.3 million

Share earnings $1.23 $1.17

Newport News-based Noland distributes plumbing, heating, electrical and refrigeration products. It operates branches in Western Virginia.

USAir Group Inc.

3rd qtr. ended 9-30 1996 1995

Revenues $2.07 billion $1.9 billion

Net Income $67.7 million $43.1 million

Share earnings 69 cents 35 cents

9 months ended 9-30

Revenues $6.1 billion $5.6 billion

Net Income $236.2 million $59 million

Share earnings $2.58 (6 cents)

USAir Group Inc. is an Arlington-based airline operating at Roanoke Regional Airport.

*Figures in parentheses indicate a loss.


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