Dresser Industries Inc said it expectsthe joint ventures it has entered into and a gradual
improvement in the energy market to allow it to regain
profitability before the end of the current year.
    Dresser earned 9,600,000 dlrs for the year ended October 31
-- after a 95.0 mln dlr gain from a change in accounting and
pension plan curtailment and a 25.3 mln dlr writedown of
oilfield assets.
 Reuter
