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Sun-Times reports $496,000 April operating loss, zero revenues
By Jennifer Lanning Drey
Portland, Ore., May 21 - Sun-Times Media Group reported a $496,000 operating loss for April on zero revenues, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.
The net loss for the period was $1.1 million.
Sun-Times had $5.84 million of cash and cash equivalents at April 30, compared with cash and cash equivalents of $6.18 million at the end of March.
Sun-Times Media is a Chicago newspaper company that filed for bankruptcy on March 31, 2009. Its Chapter 11 case number is 09-11092.
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