E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 5/23/2022 in the Prospect News Distressed Debt Daily.

Easterday Ranches reports $11,000 operating loss for April

By Sarah Lizee

Olympia, Wash., May 23 – Easterday Ranches, Inc. reported an $11,000 operating loss on zero total operating revenues for April, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the Eastern District of Washington.

In comparison, the company reported an $11,000 operating loss on zero total operating revenues for March.

The company reported a $7.04 million net profit for the April period, compared to an $11,000 net loss for the March period.

Easterday listed $9.5 million of cash and cash equivalents as of April 30, compared to $2.15 million at the end of March.

Easterday Ranches is a Pasco, Wash.-based cattle operator. The company filed bankruptcy on Feb. 1, 2021 under Chapter 11 case number 21-00141.


© 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.