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Chris-Craft Industries Inc.: Excluding a one-time, $454-million...

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From Times Staff and Wire Reports

Chris-Craft Industries Inc.: Excluding a one-time, $454-million gain credited to the third quarter of 1989, the television broadcasting conglomerate’s profit for the third period of 1990 was up 109%, to $18 million. Revenue was $70.5 million, 11% higher than last year. The New York-based company said “surprisingly strong revenue growth” was responsible.

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