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Asarco posts $35.18 million June EBITDA
By Caroline Salls
Pittsburgh, Aug. 4 - Asarco LLC reported $35.18 million in EBITDA for June on $132.15 million in sales, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the Southern District of Texas.
In May, the company posted $78.29 million in EBITDA on $144.06 million in sales.
The operating income for June was $33.17 million, down from $75.91 million in operating income the month before.
The net income for June was $89.08 million, up from an $82.27 million May net income.
Asarco ended June with $210.73 million in cash, compared with $93.04 million at the end of May.
Asarco, a Tucson, Ariz., mining company, filed for bankruptcy on Aug. 9, 2005. Its Chapter 11 case number is 05-21207.
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