Chesapeake Biological Laboratories Inc.

BY THE NUMBERS

July 14, 1992

Chesapeake Biological Laboratories Inc., a Baltimore biotechnology company, reported a 55 percent increase in revenues in the 12 months ended March 31 as it increased its manufacturing capacity. The company reported a net loss of $8,000 in contrast to earnings of $632,000 a year earlier. However, the 1991 earnings included $1.3 million in other income and a gain from the sale of technology and licensing fees.

The company's operating loss shrank considerably during the year to $114,000 from $644,000 in 1991.

Year ended 03/31/92

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

'92 ... $2,263,463 .. .. .. $(8,000) .. ... ... $(0.002)

'91 ... $1,456,095 .. .. .. $632,000 .. ... ... $0.19

% change ... +55.5 .. .. .. NA ... ... .. .. .. NA

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