International Shipholding profits rise. (International Shipholding Corp.)(Carriers & Conferences)

International Shipholding Profits Rise

International Shipholding Corporation, parent of Central Gulf and Waterman lines, reported increases in its fourth-quarter and annual net income for 1990.

Net income for the quarter ending Dec. 31 was $4.348 million, or 77 cents a share, on revenue of $94 million. That compared with net income of $3.267 million, or 57 cents a share, on revenue of $80.054 million a year earlier.

For the full year, net income was $15.065 million, or $2.62 a …