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USG posts $47.09 million September operating income
By Caroline Salls
Pittsburgh, Nov. 1 - USG Corp. reported $47.09 million in operating income for September on net sales of $410.16 million, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the District of Delaware.
The operating income is down from $74.86 million in August on net sales of $428.04 million.
The net income for September was $53.31 million, up from a $45.17 million August net income.
Cash on Sept. 30 was $660.31 million, compared to $615.34 million at the end of August.
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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