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Quigley records $20.51 million 2005 operating loss
By Caroline Salls
Pittsburgh, April 3 - Quigley Co., Inc. reported a $20.51 million operating loss for the year ended Dec. 31 on $673,396 in interest income, according to a Monday filing with the U.S. Bankruptcy Court for the Southern District of New York.
In 2004, the company posted a $30.29 million operating loss on interest income of $150,000.
The net loss for 2005 was $15.54 million, down from $19.68 million in 2004.
The company had $26.46 million in cash at the end of the year, compared with $1.67 million the previous year.
Quigley, a unit of Pfizer Inc., filed for bankruptcy on Sept. 3, 2004. Its Chapter 11 case number is 04-15739.
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