Nova PharmaceuticalNova Pharmaceutical Corp. reported a net...

THE BALTIMORE SUN

Nova Pharmaceutical

Nova Pharmaceutical Corp. reported a net loss of $4.1 million in the last quarter of 1991, representing a slight improvement over the $4.2 million loss posted in the same quarter a year earlier.

For the year, the company incurred a loss of $14.8 million, or 54 cents a share, compared with a loss of $14.2 million, or 53 cents a share, in 1990. The larger loss for the year came despite a 39 percent increase in revenues.

&Three; months ended 12/31/91

.. .. .Revenue .. .. .. .. .. ..Net .. .. .. .. Share

'91 .. 12,467,439 .. .. .. .. .(4,145,529).. .. (0.15)

'90 .. 14,036,078 .. .. .. .. .(4,230,309) .. .(0.16)

% change 11.2 -- --

Twelve months ended 12/31/91

.. .. ..Revenue .. .. .. .. .. . Net .. .. .. .. . Share

'91 .. 50,093,888 .. .. .. .. . (14,852,240).. . (0.54)

'90 .. 36,094,728 .. .. .. .. . (14,245,395).. . (0.53)

% change +38.8 NA NA

General Physics Corp.

This Columbia-based technical training services business reported earnings from continuing operations increased more than 20 percent in the fourth quarter, to $1.65 million from $1.36 million a year earlier. The 1990 period, however, included a $4.49 million expense from discontinued operations, resulting in a $3.1 million net loss.

Three months ended 12/31/91

.. .. ..Revenue .. .. .. .. .. .. .. .. .. .. .. Net .. .. .. .. Share

'91 .. 22,313,000 .. .. .. .. .. .. .. .1,646,000 .. .. .. .. .. 0.27

'90 .. 17,552,000 .. .. .. .. .. .. .. .(3,123,000) .. .. .. .. .. N/A

% change +27.1 -- --

12 months ended 12/31/91

.. .. Revenue .. .. .. .. .. .. .. .. .. Net .. .. .. .. Share

'91 .. 84,638,000 .. .. .. .. .. .. .. .. 4,640,000 .. .. 1.00

'90 .. 61,505,000 .. . .. .. .. .. .. .. (876,000) .. .. .. N/A

% change +37.6 -- --

Eastern Stainless Corp.

This Baltimore stainless steelmaker, which is a majority-owned subsidiary of Cyclops Industries Inc., lost money the fourth quarter primarily because of a strike at Lukens Steel Co. that interrupted shipments of 72-inch-wide plates to its plant.

Three months ended 12/31/91

. .. ..Revenue .. .. .. .. .. .. .. .. .. Net .. .. .. .. .Share

'91 .. 32,824,000 .. .. .. .. .. .. .. (3,450,000) .. .. .. NA

'90 .. 42,816,000 .. .. .. .. .. .. .. (2,004,000) .. .. .. NA

% change 23.3 -- --

Twelve months ended 12/31/91

.. .. .Revenue .. .. .. .. .. .. .. .. .. Net .. .. .. .. .. Share

'91 .. 158,670,000 .. .. .. .. .. .. .. (9,920,000) .. .. . NA

'90 .. .182,453,000 .. .. .. .. .. .. .. 1,183,000 .. .. .. ..NA

% change 13.0 -- --

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