Kirschner Medical Corp.The Timonium corporation reported income...

THE BALTIMORE SUN

Kirschner Medical Corp.

The Timonium corporation reported income of $1.005 million, or 39 cents a share, in the quarter that ended March 31, up from earnings of $670,000, or 27 cents a share, a year earlier.

The most recent quarter's results include extraordinary income of $192,000 stemming from a tax loss that was carried forward.

Kirschner distributes, manufactures and markets joint reconstruction and orthopedic products and surgical instruments.

Company officials credited the increases to higher sales of its reconstructive implant products.

Three months ended 3/31/92

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

'92 18,595,000 1,005,000 0.39

'91 18,095,000 ..670,000 0.27

% change ..+2.8 .. ..+50.0 .+4.4

BTR Realty Inc.

The Linthicum-based real estate owner and operator posted a loss of $228,424, or 3 cents a share, in its first quarter ended March 31. That compared with a loss of $836,233, or 10 cents a share, a year earlier.

The company said earnings before depreciation, amortization and deferred taxes were $703,000, or 8 cents a share, compared with a loss of $191,000, or 2 cents a share, in the same periods.

BTR has halted new developments outside Maryland "because real estate is harder to manage when you're out of state," said F. Patrick Hughes, BTR's president.

Three months ended 3/31/91

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

'92 5,610,868 (228,424) (0.03)

'91 4,788,850 (836,233) (0.10)

% change +17.1 .. .. ..-- .. ..--

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