VeraSun posts $3.22 million December operating loss

By Caroline Salls

Pittsburgh, Jan. 30 - VeraSun Energy Corp. reported a $3.22 million operating loss for December on zero net sales, according to its monthly operating report filed Friday with the Securities and Exchange Commission.

In November, the company posted a $521,000 operating loss, also on zero net sales.

The net loss for December was $15.03 million, widening from a $7.22 million November net loss.

The company had $23.99 million of cash and cash equivalents at Dec. 31, compared with $13.62 million at Nov. 30.

VeraSun, based in Brookings, S.D., produces renewable fuel. The company filed for bankruptcy on Oct. 31 in the U.S. Bankruptcy Court for the District of Delaware. Its Chapter 11 case number is 08-12606.

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