Advertisement
YOU ARE HERE: LAT HomeCollections

Earnings

April 24, 1987

A $239-million improvement in consolidated net income resulted primarily from Chapter 11 related reductions in steel operating costs and interest expense, a spokesman for Dallas-based LTV Corp. said. Consolidated sales rose to $1.9 billion from $1.8 billion a year earlier, principally due to higher steel shipments and increased deliveries of military vehicles. All of LTV's four operating units were profitable during the first quarter, he added.

Advertisement
Los Angeles Times Articles
|
|
|