Tom's Foods reports $390,000 net income for August

By Jennifer Lanning Drey

Eugene, Ore., Sept. 28 - Tom's Foods, Inc. posted net income of $390,000 for August, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the Middle District of Georgia.

The figure compares to a net loss of $97,000 in July.

Cash on Aug. 31 was $644,000, up from $227,000 on July 31.

Tom's, a Columbus, Ga.-based snack food company, filed for bankruptcy on April 6, 2005. Its Chapter 11 case number is 05-40683.

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