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Published on 10/5/2005 in the Prospect News Distressed Debt Daily.

USG posts $74.86 million August operating income

By Caroline Salls

Pittsburgh, Oct. 5 - USG Corp. reported $74.86 million in operating income for August on net sales of $428.04 million, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the District of Delaware.

The net income for the month was $45.17 million.

Cash on Aug. 31 was $615.34 million, compared to $579.37 million at the beginning of the month.

The Chicago-based building materials company filed for bankruptcy on June 25, 2001. Its Chapter 11 case number is 01-02094.


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