HORIZON CORP <HZN> 4TH QTR NET Oper shr profit 1.66 dlrs vs loss eight cts Oper net profit 12.0 mln vs loss 572,000 Revs 27.4 mln vs 4,311,000 Year Oper shr profit 1.36 dlrs vs loss 43 cts Oper net profit 9,817,000 vs loss 2,433,000 Revs 35.0 mln vs 13.8 mln Avg shrs 7,224,000 vs 6,731,000 NOTE: 1985 net includes tax credits of 492,000 dlrs in quarter and 2,433,000 dlrs in year. 1985 net both periods excludes 168,000 dlr loss from discontinued operations. 1986 net both periods includes pretax gain 21.8 mln dlrs from sale of remaining interest in Paradise Hills, N.M., development.