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Published on 12/30/2005 in the Prospect News Distressed Debt Daily.

USG shows $68.6 million November operating income

By Caroline Salls

Pittsburgh, Dec. 30 - USG Corp. reported $68.6 million in operating income for November on net sales of $406.36 million, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.

The numbers are nearly identical to October's, when the company reported the same operating income on $406.37 million in net sales.

The net income for November is $42.2 million, the same as October.

Cash on Nov. 30 was $744.92 million, up from $678.15 million at the end of October.

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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