Metall Mining boosts earnings

Net income after extraordinary items (related primarily to recovery of prior tax losses) amounted to $27.8 million (74 cents per share) for the same period, compared with $24.7 million (65 cents per share) in the previous year. Sales for the nine months totalled $75.7 million.

During the third quarter, income before extraordinary items amounted to $6.5 million (17 cents per share) compared with $5.7 million (15 cents per share ) in 1988. Net income after extraordinary items during the same quarter was $6.5 million (17 cents per share), compared with $6.8 million (18 cents per share) for the same period last year. Sales during the quarter totalled $34.4 million.

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