TRIANGLE INDUSTRIES INC <TRI> 4TH QTR LOSS
Oper shr loss three cts vs profit 27 cts
    Oper net loss 178,000 vs profit 4,165,000
    Sales 783.7 mln vs 464.6 mln
    Avg shrs 25.3 mln vs 10.3 mln
    Year
    Oper shr profit 2.61 dlrs vs profit 2.75 dlrs
    Oper shr diluted profit 2.05 dlrs vs profit 2.66 dlrs
    Oper net profit 47.6 mln vs profit 31.0 mln
    Sales 2.67 billion vs 1.65 billion
    Avg shrs 16.0 mln vs 9.8 mln
    Avg shrs diluted 24.5 mln vs 10.2 mln
    NOTES: Results include American Can Packaging Inc and
National Can Corp from acquisition on Nov 1, 1986, and April
16, 1985, respectively
    1986 4th qtr oper results reduced 3.0 mln dlrs, or 12 cts a
share, by retroactive elimination of investment tax credits
    1985 operating profit includes gains of 1.8 mln dlrs, or 17
cts a share, in quarter and 6.8 mln dlrs, or 67 cts a share, in
year from sale of investments
    Operating net excludes loss of 647,000 dlrs, or three cts a
share, vs profit 173,000 dlrs, or two cts a share, in quarter
and loss 647,000 dlrs, or four cts a share, vs profit 5,847,000
dlrs, or 60 cts a share, in year from discontinued operations.
    1986 operating results also exclude charges of 1,271,000
dlrs, or five cts a share, in quarter and 34.0 mln dlrs, or
2.12 dlrs a share, in year from early extinguishment of debt
 Reuter
