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USG reports earnings of $19.39 million in February
By Ellen Chang
Houston, March 24 - USG Corp. reported net earnings of $19.31 million in February on sales of $331.91 million, according to the company's monthly operating report filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.
The figures were broadly in line with the month before. In January, the company reported net earnings of $20.98 million on sales of $334.94 million.
Cash and cash equivalents on Feb. 28 were $418.61 million, compared to $502.01 million in January.
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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