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Former Journal Register reports $79,000 net loss for May 6 to June 2
By Caroline Salls
Pittsburgh, July 3 - Pulp Finish 1 Co., formerly Journal Register Co., posted a $79,000 net loss for the period of May 6 to June 2 on zero revenue, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the Southern District of New York.
In comparison, the company reported $20.84 million of net income for the period of April 1 to May 5, also on zero revenue.
The company had $6.71 million in cash and cash equivalents as of June 2, down from $7.94 million at May 5.
Journal Register, a New York-based media company, filed for bankruptcy on Sept. 5, 2012. Its Chapter 11 case number is 12-13774.
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