Former Katy Industries marks $5,264 March operating loss, zero sales

By Caroline Salls

Pittsburgh, April 24 – KII Liquidating Inc., formerly Katy Industries, Inc., reported a $5,264 operating loss for March on zero net sales, according to its monthly operating report filed April 23 with the U.S. Bankruptcy Court for the District of Delaware.

The net loss for March was $40,160.

In February, the company had zero operating income, net income and net sales.

KII had $2.11 million in cash and cash equivalents as of March 31, down from $2.15 million at Feb. 28.

Katy, a St. Louis-based manufacturer, importer and distributor of commercial cleaning and consumer storage products, filed for bankruptcy on May 14, 2017. The Chapter 11 case number is 17-11101.

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