DAIEI NET TUMBLES IN QUAKE WAKE

KOBE, Japan -- Daiei here, Japan's largest supermarket retailer, said the Jan. 17 earthquake in Hanshin was responsible for the company's net loss for the year ended Feb. 28 -- its first net loss since 1988.The loss amounted to 50.7 billion yen ($52.4 million) compared with net earnings of $5.2 billion a year ago. Sales rose nearly a third to $33.3 billion from $25.5 billion a year ago.Conversions

KOBE, Japan -- Daiei here, Japan's largest supermarket retailer, said the Jan. 17 earthquake in Hanshin was responsible for the company's net loss for the year ended Feb. 28 -- its first net loss since 1988.

The loss amounted to 50.7 billion yen ($52.4 million) compared with net earnings of $5.2 billion a year ago. Sales rose nearly a third to $33.3 billion from $25.5 billion a year ago.

Conversions were made at the rate of one U.S. dollar equals 96.7 Japanese yen for fiscal 1

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