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Article: NEW YORK STOCK EXCHANGE MEMBER FIRMS REPORT PROFITS IN THIRD QUARTER 1991
- Article from:
- PR Newswire
- Article date:
- December 30, 1991
CopyrightCOPYRIGHT 1991 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK STOCK EXCHANGE MEMBER FIRMS REPORT
PROFITS IN THIRD QUARTER 1991
NEW YORK, Dec. 30 /PRNewswire/ -- New York Stock Exchange member firms that do business with the public reported an after-tax profit of $842 million in third quarter 1991, compared with an after-tax loss of $124 million a year ago. In second quarter 1991 the firms reported an after-tax profit of $859 million.
Higher Revenues Reported
Revenues in the 1991 third quarter rose to $15.249 billion, up 16.5 percent from third quarter 1990's revenues of $13.088 billion. Second quarter 1991's revenues were $14.850 billion.
Third quarter 1991's after-tax profit ...