Delta Mills reports $831,168 operating loss for Sept. 2 to Sept. 29

By Caroline Salls

Pittsburgh, Oct. 23 - Delta Mills, Inc. reported an $831,168 operating loss for the period of Sept. 2 through Sept. 29 on zero net sales, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the District of Delaware.

The operating loss is an improvement over a $5.3 million operating loss for the period of Aug. 5 through Sept. 1, when the company also reported zero net sales.

The net loss for the latest period was $792,121, narrowing from a $5.27 million net loss in the previous period.

Cash on Sept. 29 was $12.20 million, compared with $12.74 million on Sept. 1.

Delta Mills is the operating subsidiary of Delta Woodside Inc., a Greenville, S.C.-based company that manufactures and sells textile products for the apparel industry. Delta Mills emerged from bankruptcy on Oct. 23. The Chapter 11 case number is 06-11144.

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