Article: The York Group, Inc. Reports 1998 Second Quarter and Six Months Results; Board Declares Quarterly Dividend.

HOUSTON--(BUSINESS WIRE)--August 5, 1998--The York Group, Inc. (NASDAQ:YRKG) today reported 1998 second quarter and 1998 six month financial results.

1998 second quarter net sales increased 33.0% to $60.7 million from $45.6 million for the same period last year. Operating income for the 1998 second quarter increased 19.5% to $6.3 million from $5.2 million in the second quarter of 1997. Due to higher net interest expense of $1.3 million, net income decreased to $2.9 million from second quarter 1997 net income of $3.2 million. Basic earnings per share were 33 cents on 8,918,000 average shares outstanding compared with 37 cents on 8,654,000 average shares outstanding ...

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