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Non-Tech : Dawson Science (DWSC)

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To: Jeffery E. Forrest who wrote ()5/21/1997 10:30:00 AM
From: Jeffery E. Forrest   of 397
 
RENO, Nev., May 15 (Reuter) - Dawson Science Corp (BB:DWSC)
said on Thursday it expects to add $15 million to its profits
each year from a car rental business it plans to set up in
China.
The company said it has obtained permits and licenses to set
up and operate a car rental business in Guangzhou, China. Dawson
said it expects to have a fleet of 1,500 vehicles for rental.
Dawson said studies show that it can expect to bring in
about $10,000 profit on each car each year. When the Guangzhou
division is fully operation, it expects to add $15 million to
its profits annually.
(-- New York Newsdesk 212-859-1610)

Copyright 1997, Reuters News Service
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