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Published on 11/1/2005 in the Prospect News Distressed Debt Daily.

Kaiser Aluminum posts $6.93 million September operating income

By Caroline Salls

Pittsburgh, Nov. 1 - Kaiser Aluminum Corp. reported $6.93 million in operating income for September on sales of $92.94 million, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the District of Delaware.

The figures compare to August's $6.94 million in operating income on sales of $95.61 million.

The net income for September was $5.4 million, down from a $6.76 million net income in August.

Cash on Sept. 30 was $43.6 million, down from $57.20 million at the end of August.

Kaiser, a Houston-based aluminum company, filed for bankruptcy on Feb. 12, 2002. Its Chapter 11 case number is 02-10429.


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