UNITED INDUSTRIAL CORP <UIC> 4TH QTR LOSS Shr loss 1.27 dlrs vs profit 43 cts Net loss 17.0 mln vs profit 5,667,000 Sales 67.8 mln vs 70.1 mln Year Shr loss 69 cts vs profit 2.18 dlrs Net loss 9,174,000 vs profit 29.1 mln Sales 272.5 mln vs 269.4 mln Avg shrs 13.3 mln vs 13.4 mln NOTE: 1986 net includes tax credits of 14.5 mln dlrs in quarter and 8,408,000 dlrs in year. 1985 year net includes 616,000 dlr loss from discontinued operations and 10.6 mln dlr gain on their disposal. 1986 net both periods includes 19.1 mln dlr provision for future losses from several major projects in defense contractor subsidiary. Backlog 310 mln dlrs, up six pct from a year before. Share adjusted for 10 pct stock dividend in February 1987.