KWILLIAMS / reuters-21578 / training / 12258 

            

              
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TOWLE MANUFACTURING CO <QTOW> 4TH QTR OPER LOSS
  Oper shr loss 1.10 dlrs vs loss 8.63 dlrs
      Oper net loss 5.1 mln vs loss 42.1 mln
      Revs 23.1 mln vs 63.3 mln
      Year
      Oper shr loss 4.71 dlrs vs loss 14.09 dlrs
      Oper net loss 22.0 mln vs loss 67.2 mln
      Revs 114.6 mln vs 221.8 mln
      Avg shrs 4,910,330 vs 4,851,650
      NOTE: Current year excludes gain of 12.1 mln dlrs from
  disposal of discontinued operations.
      Shr figures after preferred dividend requirements.