Article: Fifth record quarter in a row for Double Helix Films.

FIFTH RECORD QUARTER IN A ROW FOR DOUBLE HELIX FILMS

NEW YORK, Aug. 15 /PRNewswire/ -- Double Helix Films (NASDAQ: DHFI) announced today that it has completed its fifth consecutive quarter of increased revenues and earnings.

Revenues and after tax earnings were $1,183,443 and $247,152, respectively compared to revenues of $1,030,758 and untaxed earnings of $473,818, respectively in the second quarter of 1988, which was unusually high due to the sale of a film. Revenues for the first six months ending June 30, 1989, were $2,095,852 versus $1,260,792 for the first six months of 1988. Pre-tax income for the period was $907,885 as compared to $402,975 ...

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