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Kaiser Aluminum posts $12.77 million January operating income
By Caroline Salls
Pittsburgh, March 1 - Kaiser Aluminum Corp. reported a $12.77 million operating income for January on sales of $112.28 million, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the District of Delaware.
The figures compare with December's $35.46 million operating loss on sales of $93.79 million.
The net income for January was $9.1 million, compared with a $21.47 million December net loss.
Cash on Jan. 31 was $58.92 million, up from $56.26 million at the end of December.
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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