1st-Quarter Earnings Up for Community Psychiatric

Community Psychiatric Centers, which late last year relocated to Santa Ana from San Francisco, Wednesday reported net earnings of $12.8 million during the first fiscal quarter of 1986, up 17% from net earnings of $10.9 million a year earlier.

Revenues for the quarter ended Feb. 28 totaled $58.7 million, an increase of 11% from first-quarter 1985 revenues of $52.6 million.

Community Psychiatric owns and operates psychiatric hospitals, alcohol treatment centers and a chain of kidney dialysis centers in the United States and Great Britain.