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Keystone Consolidated reports operating loss of $2.63 million in March
New York, April 11 - Keystone Consolidated Industries, Inc. recorded an operating loss of $2.63 million in March on sales of $28.32 million, according to its monthly operating report filed with the U.S. Bankruptcy Court for the Eastern District of Wisconsin.
The figures nearly reversed the February performance of a $3.00 million operating profit on sales of $28.89 million.
The net loss for March was $3.38 million, down from a $1.61 million profit in February.
Cash at the end of March was $3.82 million, down from $4.77 million at the end of February.
Keystone, a Dallas-based fencing and wiring company, filed for bankruptcy on Feb. 26, 2004. Its Chapter 11 case number is 04-22422.
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