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Keystone Consolidated reports $5.46 million operating profit for July
By Ted A. Knutson
Washington, Aug. 16 - Keystone Consolidated Industries, Inc. reported a $5.46 million operating profit in July on sales of $29.44 million, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the Eastern District of Wisconsin.
In June, the company posted a $2.32 million operating profit on sales of $23.16 million.
The net income for July was $4.69 million, compared to a $3.49 million net loss in June.
Cash on July 31 was $3.74 million, down from $4.59 million at the end of June.
Keystone, a Dallas-based fencing and wiring company, filed for bankruptcy on Feb. 26, 2004 with the U.S. Bankruptcy Court for the Eastern District of Wisconsin. Its Chapter 11 case number is 04-22422.
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