Copyright (c) 1994, Landmark Communications, Inc.
DATE: Tuesday, July 26, 1994 TAG: 9407260348
SECTION: BUSINESS PAGE: D2 EDITION: FINAL
SOURCE: Staff
LENGTH: Short : 20 lines
FILTRONA'S EARNINGS JUMP
American Filtrona Corp. said its second-quarter net income rose 144
percent, reflecting a $2.34 million gain on the sale of its industrial
filtration unit. The Richmond-based manufacturer of filters and plastic
products reported net income of $3.93 million, up from $1.61 million in the
comparable three months of 1993. Per-share earnings were $1.05, up from 43
cents. Revenues for the June 30 quarter rose 5 percent to $36.19 million
from $34.3 million in the '93 second quarter.
by CNB