For the fiscal year, however, its earnings reached a record $173.1 million, or $2.02 a share.
With some other benefits, his total one-year earnings reached $588,000.
The division's earnings reached $248 million for the year, a 20 percent increase from the $207 million reported in 1990.
A family with two children gets the full benefit when its earnings reach about $24,300.
Students would be required to pay £3,000 of it back when their earnings reached £25,000 a year.
Its earnings for 1935 had reached over one million dollars, with total assets valued at more than $18,000,000.
Excluding charges, earnings reached $1.54 billion, or $2.39 a share.
But peak earnings now occur later in life and reach a higher level.
The company said fourth-quarter earnings might reach last year's level of $1.02 a share.
The channel was making almost no profits at the time, but last year its earnings reached $80 million.