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Quebecor posts $16.2 million August operating income
By Jennifer Lanning Drey
Portland, Ore., Oct. 2 - Quebecor World Inc. reported August operating income of $16.2 million on operating revenues of $244.3 million, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the Southern District of New York.
The net loss for the period was $11.6 million.
Quebecor had cash and cash equivalents of $152.4 million at Aug. 30, up from $146.5 million at the start of the month.
Quebecor, a Montreal-based printing and marketing company, filed for Chapter 11 bankruptcy on Jan. 21, 2008 and filed for protection under the Companies' Creditors Arrangement Act in Canada. Its Chapter 11 case number is 08-10152.
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