Westar income slashed by higher costs

Higher costs associated with its forest products division have slashed earnings for Westar Group, the controlling shareholder of Westar Mining (TSE). Westar reported first-quarter net earnings of $0.4 million, compared with earnings of $2.8 million (1 cents per share) for the same period in 1989. Revenue for the quarter decreased from $104.8 million in 1989 to $103.4 in 1990.006 0508,0206,0304,0008 Westar Group $000s except per-share items Quarter ended Mar. 31 1990 1989 Revenue $103,400 $104,800 Net earnings 400 2,800

per share 0.00 0.0104