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Kaiser Aluminum posts $6.71 million October operating income
By Caroline Salls
Pittsburgh, Dec. 1 - Kaiser Aluminum Corp. reported $6.71 million in operating income for October on sales of $94.79 million, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the District of Delaware.
The figures compared with September's $6.93 million operating income on sales of $95.61 million.
The net income for October was $3.98 million, down from a September net income of $5.4 million.
Cash on Oct. 31 was $54.4 million, compared with $43.6 million at the end of September.
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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