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Hines Nurseries reports $5.54 million net loss for Jan. 3 to Feb. 6
By Jennifer Lanning Drey
Savannah, Ga., March 10 - Hines Nurseries LLC reported a $5.54 million net loss for the period of Jan. 3 to Feb. 6 on net sales of $2.60 million, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the District of Delaware.
The company reported an operating loss of $3.50 million for the period.
Hines had $769,000 in cash on Feb. 6.
Hines Nurseries, an Irvine, Calif., commercial nursery operation, filed for bankruptcy on Oct. 12. The case was filed under the name Consolidated Horticulture Group LLC. The Chapter 11 case number is 10-13308.
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