Keystone Consolidated Industries earned $1.61 million in February

By Ted A. Knutson

Washington, March 16 - Keystone Consolidated Industries Inc. earned $1.61 million in February after reporting a net loss of $2.53 million for January, according to its monthly operating report filed with the U.S. Bankruptcy Court for the Eastern District of Wisconsin.

Operating profit for the month was $3.00 million, up from a loss of $1.21 million in January.

However, sales dipped to $28.89 million from $30.3 million a month earlier.

Total cash at the end of February was $4.77 million compared with $3.63 million at the end of January.

Keystone, a Dallas-based fencing and wiring company, filed for bankruptcy on Feb. 26, 2004. Its Chapter 11 case number is 04-22422.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.