SALANT CORP <SLT> 1ST QTR FEB 28 NET
Oper shr profit seven cts vs loss 12 cts
    Oper net profit 216,000 vs loss 401,000
    Sales 21.4 mln vs 24.9 mln
    NOTE: Current year net excludes 142,000 dlr tax credit.
    Company operating in Chapter 11 bankruptcy.
 Reuter
