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Published on 12/31/2004 in the Prospect News Distressed Debt Daily.

Kaiser Aluminum earns $1.59 million in November

By Jeff Pines

Washington, Dec. 28 - Kaiser Aluminum Corp. earned $1.59 million in November compared with $1.77 million in October. Kaiser filed its monthly operating report with the U.S. Bankruptcy Court for the District of Delaware.

Revenues in November were $109.85 million compared with $98.74 million for October.

Operating income increased to $7.37 million in November from $6.54 million in October.

Cash for the Houston-based aluminum company on Nov. 30 was $51.45 million compared with $31.38 million on Oct. 31.

Kaiser filed for bankruptcy on Feb. 12, 2002. Its Chapter 11 case number is 02-10429.


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