Ezra Holdings posts $2.56 million November net loss; revenue declines

By Caroline Salls

Pittsburgh, Dec. 21 – Ezra Holdings Ltd. posted a $2.56 million net loss for November on $70,286 in net revenue, according to its monthly operating report filed Dec. 20 with the U.S. Bankruptcy Court for the Southern District of New York.

Those figures showed a decline from the $230,365 net loss reported for October on $670,286 in net revenue.

The company had $3.98 million in unrestricted cash and cash equivalents as of Nov. 30, down from $4.67 million at the end of October.

Ezra, a Singapore-based provider of offshore support for the oil and gas industry, filed for bankruptcy on March 19, 2017. The Chapter 11 case number is 17-22405.

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