Mirant earns $17.79 million in August on $394.99 million in sales

By Jeff Pines

Washington, Oct. 26 - Mirant Corp. earned $17.79 million in August on sales of $349.99 million, according to the company's monthly operating report filed with the U.S. Bankruptcy Court for the Northern District of Texas Tuesday.

In July, the Atlanta-based power company earned $98.09 million on revenue of $437.38 million.

Operating income for August was $88.85 million compared with $116.06 million in July.

Cash and cash equivalents for August were $1.48 billion compared with $1.397 billion for July.

Mirant filed for bankruptcy on July 14, 2003. Its Chapter 11 case number is 03-46590.

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