JAZADCO Posts Qtrly Loss

JAZAN DEVELOPMENT AND INVESTMENT COMPANY SJSC 6090:

• QTRLY NET LOSS 40.9 MILLION RIYALS VERSUS PROFIT 1.8 MILLION RIYALS YEAR AGO

• JAZADCO - QTRLY SALES 14.5 MILLION RIYALS VERSUS 27.5 MILLION RIYALS YEAR AGO

• NO EXPORT SALES IN Q1

• Q1 SALES DOWN BY 47%