P AND F INDUSTRIES INC <PFINA> 4TH QTR NET
Oper shr 16 cts vs 29 cts
    Oper net 453,924 vs 726,816
    Revs 12.0 mln vs 11.2 mln
    Avg shrs 2,695,206 vs 2,562,160
    Year
    Oper shr 50 cts vs 50 cts
    Oper net 1,365,655 vs 1,268,847
    Revs 40.1 mln vs 33.1 mln
    Avg shrs 2,695,206 vs 2,562,160
    NOTE: Net excludes tax credits of 571,000 dlrs vs 496,000
dlrs in quarter and 1,347,000 dlrs vs 1,107,000 dlrs in year.
    Share adjusted for one-for-five reverse split in October
1986.
 Reuter
