HONEYBEE INC <HBE> 4TH QTR NET Oper shr 11 cts vs five cts Oper net 248,000 vs 122,000 Sales 7,269,000 vs 5,481,000 Year Oper shr 55 cts vs 14 cts Oper net 1,288,000 vs 333,000 Sales 26.2 mln vs 17.6 mln NOTE: Net excludes discontinued operations nil vs gain 103,000 dlrs in quarter and losses 82,000 dlrs vs 50,000 dlrs in year. 1986 year net excludes 133,000 dlr provision for loss on disposal of discontinued operations.