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