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Published on 4/7/2005 in the Prospect News Distressed Debt Daily.

Kaiser Aluminum reports operating income of $6.73 million for February

New York, April 7 - Kaiser Aluminum Corp. had operating income of $6.73 million on sales of $99.09 million for February, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.

Both figures were down from January's operating income of $6.79 million and sales of $108.08 million.

Net income for February was $2.47 million against January's $6.79 million.

Cash at the end of February was $37.72 million, down from $52.9 million a month earlier.

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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