Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers M > Headlines for M. Fabrikant & Sons Inc. > News item |
M. Fabrikant shows $1.31 million April operating loss
By Caroline Salls
Pittsburgh, May 21 - M. Fabrikant & Sons, Inc. reported a $1.31 million operating loss for April on $1.36 million of sales, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the Southern District of New York.
The figures compare to a $1.43 million March operating loss on $5.08 million in sales.
The net loss for April was $3.21 million, improving from a $5.44 million March net loss.
Cash on April 30 was $11.13 million, compared with $9.48 million at the end of March.
M. Fabrikant, a New York-based manufacturer and distributor of diamonds and gemstone jewelry, filed for Chapter 11 on Nov. 17, 2006. Its case number is 06-12737.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.