Article: FEDDERS 2ND QUARTER SALES UP 22%; NET INCOME OF 15 CENTS PER SHARE

LIBERTY CORNER, N.J., March 13 /PRNewswire/ -- Fedders Corporation (NYSE: FJA, FJC), the room air conditioner manufacturer, today reported higher sales and net income for the second quarter and first half of fiscal 1996, ended February 29, 1996 over comparable periods a year earlier.

Sales in the second quarter were $88.3 million, a gain of 22 percent over sales of $72.4 million in the second quarter of fiscal 1995. Net income for the quarter increased 14 percent to $6.4 million or 15 cents per share, compared with $5.6 million or 14 cents per share in the prior year. Pre-tax income increased 53 percent to $10.3 million from $6.7 million in the comparable quarter ...

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