Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers A > Headlines for Asarco LLC > News item |
Asarco EBITDA falls to $51.16 million in August
By Caroline Salls
Pittsburgh, Sept. 23 - Asarco LLC posted $51.16 million in EBITDA for August on $161.61 million in sales, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the Southern District of Texas.
The figures showed a decline from a $59.94 million EBITDA recorded in July on $164.42 million in sales.
Net income for August was $37.91 million, up from a $33.87 million July net income.
The company reported $1.271 billion in cash at Aug. 31, compared with $1.184 billion at the end of July.
Asarco, a Tucson, Ariz., mining company, filed for bankruptcy on Aug. 9, 2005. Its Chapter 11 case number is 05-21207.
© 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.