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Dean Foods marks $8.06 million net loss on zero revenues for December
By Sarah Lizee
Olympia, Wash., Jan. 29 – Southern Foods Group, LLC, which does business as Dean Foods Co., reported an $8.06 million net loss on zero revenues for the Dec. 1 through Dec. 30 period, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the Southern District of Texas.
In comparison, the company posted a $9.2 million net income for the November period, also on zero revenues.
The company had $152.47 million of cash and cash equivalents as of Dec. 31, up from $152.2 million at the end of November.
Dean Foods is a Dallas-based food and beverage company. The company filed bankruptcy on Nov. 12, 2019 under Chapter 11 case number 19-36313.
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