&lt;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.
  

