UNC Inc.This Annapolis company that overhauls aircraft...


October 26, 1990

UNC Inc.

This Annapolis company that overhauls aircraft engines and aircraft components posted lower net income for both the third quarter and first nine months of the year while earnings from continuing operations were up for both periods.

The company said that the improvement in earnings from continuing operations was primarily a result of higher income from the engine overhaul, engine parts manufacture and contract services businesses.

Earnings from continuing operations for the most recent quarter were $1.5 million, or $0.09 per share, compared with $1.3 million, or $0.07 per share, in the same period last year.

Earnings from continuing operations in the first nine months of this year were $3.4 million, or $0.20 per share.

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