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W.R. Grace reports $3.1 million net income for three months ended March 31
By Caroline Salls
Pittsburgh, April 20 - W.R. Grace & Co. reported net income of $3.1 million for the three months ended March 31, according to a new release.
The company reported a loss of $21.20 million before reorganization expenses, income taxes, minority interest and equity in net income of non-filing entities.
Cash and equivalents at the end of the month was $474.8 million at the beginning of the period, down from $510.40 million at the beginning of the period.
W.R. Grace, a Columbia, Md.-based specialty chemicals company, filed for bankruptcy on April 2, 2001. Its Chapter 11 case number is 01-01139.
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