Saudi's Tasnee Posts Qtrly Loss

NATIONAL INDUSTRIALIZATION COMPANY SJSC 2060:

• QTRLY NET LOSS 72.1 MILLION RIYALS VERSUS PROFIT 82.1 MILLION RIYALS YEAR AGO

• QTRLY SALES 761.4 MILLION RIYALS VERSUS 888.7 MILLION RIYALS YEAR AGO

• QUARTER SAW DECREASE IN SALES VOLUME

• QUARTER SAW LOWER AVERAGE SELLING PRICES FOR MOST OF THE PRODUCTS

• QUARTER SAW LOWER OTHER INCOME AND HIGHER NET FINANCE COSTS