Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers T > Headlines for Toisa Ltd. > News item |
Toisa records $14.86 million net loss for April; net revenue declines
By Caroline Salls
Pittsburgh, June 1 – Toisa Ltd. reported a $14.86 million net loss for April on $3.27 million in net revenue, according to its monthly operating report filed May 31 with the U.S. Bankruptcy Court for the Southern District of New York.
Those figures showed a decline from the $11.92 million net loss posted for March on $3.91 million in net revenue.
Unrestricted cash at April 30 was $54.31 million, down from $57.76 million at the end of March.
Toisa is a Hamilton, Bermuda-based shipping business. The company filed for bankruptcy on Jan. 29, 2017 under Chapter 11 case number 17-10184.
© 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.