KATY INDUSTRIES INC <KT> 4TH QTR NET Oper shr profit 32 cts vs loss 66 cts Oper net profit 2,454,000 vs loss 3,558,000 Sales 96.1 mln vs 91.4 mln Year Oper shr profit 72 cts vs loss 63 cts Oper net profit 6,495,000 vs loss 1,833,000 Sales 368.1 mln vs 322.1 mln NOTE: Earnings exclude losses from discontinued consolidated operations of 460,000 dlrs, or eight cts a share vs 5,364,000 dlrs, or 86 cts a share in the quarter and 11,334,000 dlrs, or 1.82 dlrs a share vs 11,637,000 dlrs, or 1.88 dlrs a share for the year Earnings exclude a loss on the sale of discontinued consolidated operations of 200,000 dlrs, or three cts a share in the 1986 quarter and a loss of 4,960,000 dlrs, or 80 cts a share vs a gain of 4,404,000 dlrs, or 71 cts a share for the year NOTE: 1985 earnings exclude losses from discontinued unconsolidated operations of 5,488,000 dlrs, or 89 cts a share in each period 1985 earnings exclude gain from termination of defined benefit pension plan of 490,000 dlrs, or eight cts a share in the quarter and 1,438,000 dlrs, or 23 cts a share for the year