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Published on 2/7/2005 in the Prospect News Distressed Debt Daily.

USG earns $19.64 million in December

New York, Feb. 7 - USG Corp. reported earnings of $19.64 million in December on sales of $344.43 million, according to the company's monthly operating report filed Monday with the U.S. Bankruptcy Court for the District of Delaware.

The Chicago-based building materials company earned $23.15 million in November on $344.73 million of sales.

Cash and cash equivalents at Dec. 31 were $516.12 million compared with $513.7 million on Nov. 30.

USG filed for bankruptcy on June 25, 2001. Its Chapter 11 case number is 01-02094.


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