Owens Corning posts $34.98 million June operating income

By Caroline Salls

Pittsburgh, Sept. 8 - Owens Corning reported $34.98 million in income from operations in June on $365.76 million in net sales, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.

The net loss for the month was $17.49 million.

Cash on June 30 was $706.38 million.

Owens Corning, a Toledo, Ohio, building materials company, filed for bankruptcy on Oct. 5, 2000 in the U.S. Bankruptcy Court for the District of Delaware. Its Chapter 11 case number is 00-3837.

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