Doral Financial posts $2.46 million September net loss, zero revenue

By Caroline Salls

Pittsburgh, Oct. 16 – Doral Financial Corp. posted a net loss of $2.46 million for September on zero revenue, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the Southern District of New York.

For August, Doral reported a net loss of $3.33 million on $16,692 in revenue.

The company also held $41.55 million in cash and equivalents as of Sept. 30, down from $42.10 million at the end of August.

Doral is a holding company based in San Juan, Puerto Rico. The company filed for bankruptcy on March 11, 2015 under Chapter 11 case number 15-10573.

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