<I.T.L. INDUSTRIES LTD> 1ST QTR FEB 28 NET
Oper shr loss two cts vs profit three cts
    Oper net profit 301,000 dlrs vs profit 130,000
    Revs 10.5 mln vs eight mln
    NOTE: Dividends on preferred shares 370,000 dlrs vs 51,000
dlrs.
    Oper net excludes gains on tax loss carryforward of 247,000
dlrs vs 118,000 dlrs.
 Reuter
