Charys net profit slides to $3.22 million in December

By Caroline Salls

Pittsburgh, Jan. 21 - Charys Holding Co. reported a $3.22 million net profit for December on zero revenues, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the District of Delaware.

In November, the company posted a $5.61 million net profit, also on zero revenues.

Cash and cash equivalents at Dec. 31 were $38,061, up from $9,631 at the end of November.

Charys is an Atlanta-based infrastructure services company that filed for bankruptcy on Feb. 14, 2008. Its Chapter 11 case number is 08-10289.

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