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Do Good Foods debtors report $4.02 million operating loss for July
By Sarah Lizee
Olympia, Wash., Aug. 24 – KDC Agribusiness LLC, which does business as Do Good Foods, and its affiliated debtors reported a $4.02 million operating loss for July on $1.51 million revenue, according to a monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the District of Delaware.
The net loss for the period was $4.12 million.
The debtors had $24.07 million in cash at the end of the month.
KDC Agribusiness is a food waste recycling company based in Bedminster, N.J. The company filed bankruptcy on June 14 under Chapter 11 case number 23-10786.
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