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USG posts $52.09 million May operating income
By Caroline Salls
Pittsburgh, July 1 - USG Corp. reported a $52.09 million operating income for May on sales of $380.88 million, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.
In April, the company posted a $43.94 million operating income on sales of $370.69 million.
The net earnings for May were $31.86 million, up from $22.9 million in April net earnings.
Cash and cash equivalents on May 31 were $484.07 million, compared to $472.9 million at the end of April.
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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