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Harvey Gulf reports EBITDA declines to $5.09 million in April
New York, May 22 – Harvey Gulf International Marine, LLC’s EBITDA declined to $5.09 million in April from $13.26 million in March, according to the company’s monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the Southern District of Texas.
The net loss for the month was $3.42 million, or a loss of $2.98 million including income from non-debtor Harvey Stone, LLC.
Those figures were a decline from net income of $4.12 million in March, or $4.58 million including Harvey Stone.
The company had $94.31 million of cash at April 30, up from $84.15 million on March 31.
Harvey Gulf, a New Orleans-based marine transportation company, filed for bankruptcy on March 7. The Chapter 11 case number is 18-31080.
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