COMPANY RESULTS

AllTel Corp reported first quarter net profit up 13.8% at $71.9m on turnover up 29.8% to $709.4m. Net earnings per share, adjusted for a two-for-one split paid in July 1993, rose 11.8% to $0.38.

AllTel Corp reported first quarter net profit up 13.8% at $71.9m on turnover up 29.8% to $709.4m. Net earnings per share, adjusted for a two-for-one split paid in July 1993, rose 11.8% to $0.38.