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Prospect News home > News index > List of issuers K > Headlines for Keystone Consolidated Industries, Inc. > News item |
Keystone Consolidated reports $1.62 million operating loss for August
By Ted A. Knutson
Washington, Sept. 15 - Keystone Consolidated Industries Inc. reported a $1.62 million operating loss in August on sales of $27.14 million, according to its monthly operating report filed with the U.S. Bankruptcy Court for the Eastern District of Wisconsin.
In July, the company posted a $5.46 million operating profit on sales of $29.44 million.
The net loss for August was $4.23 million, compared to a $4.69 million net gain in July.
Cash on Aug. 31 was $3.93 million, up from $3.74 million at the end of July.
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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