Flamemaster Expects Increased Earnings

Flamemaster Corp. of Sun Valley has announced it expects earnings of approximately 30 cents per share on revenues of more than $44 million for the fiscal year ended Sept. 30, compared to 21 cents per share for fiscal 1997 (adjusted for a 20% stock dividend, paid in April 1998).

The board of directors expects to pay a quarterly dividend of 3 cents on Jan. 26 to shareholders of record Jan. 7.

Flamemaster is a specialty chemicals manufacturer serving the aerospace and defense industries. Flamemaster also holds a major interest in PerfectData Corp., a computer accessories and service company.