Specialty Products Holding net loss rises to $1.41 million for April

By Jim Witters

Wilmington, Del., June 3 - Specialty Products Holding Corp. posted a net loss of $1.41 million for April on zero revenue, according to its monthly operating report filed May 31 with the U.S. Bankruptcy Court for the District of Delaware.

Those figures compare to a $1.34 million net loss in March, also on zero revenue.

The company also reported cash and cash equivalents of $20.08 million as of April 30, down from $18.69 million at the end of March.

Specialty Products is a subsidiary of RMP International Inc., a Medina, Ohio-based producer of specialty chemicals. The subsidiary filed for bankruptcy on May 31, 2010 under Chapter 11 case number 10-11780.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.