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USG posts $68.6 million October operating income
By Caroline Salls
Pittsburgh, Dec. 1 - USG Corp. reported $68.6 million in operating income for October on net sales of $406.37 million, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the District of Delaware.
The operating income is up from $47.09 million in operating income for September on net sales of $410.16 million.
The net income for October was $42.2 million, down from September net income of $53.31 million.
Cash on Oct. 31 was $678.15 million, compared with $660.31 million at the end of September.
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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