COVINGTON TECHNOLOGIES INC <COVT> YEAR NET Oper shr profit eight cts vs loss 20 cts Oper net profit 1,115,000 vs loss 2,729,000 Revs 83.0 mln vs 37.9 mln Note: Current year figures exclude operating loss carryforward gain of 888,000 dlrs and loss from discontinued operations of 73,000 dlrs. Prior year figures exclude loss from discontinued operations of 3.9 mln dlrs.