Amfac Inc. reported earnings of $5.03 million...

Amfac Inc. reported earnings of $5.03 million for 1987, contrasted with a loss of $66.6 million for the previous year. Revenue increased 11% to $2.1 billion. The San Francisco-based company whose businesses include hotels, resorts, restaurants and industrial supplies reported a fourth-quarter loss of $10.8 million, compared to a loss of $43.8 million in the year-ago period. The firm said the results were due in part to costs associated with the firm’s announced comprehensive restructuring plan.