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Mississippi Phosphates shows loss of $4.81 million in November period
By Kali Hays
New York, Jan. 30 – Mississippi Phosphates Corp. posted an operating loss of $4.81 million on net sales of $15.3 million for the period of Oct. 27 through Nov. 30, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the Southern District of Mississippi.
The net loss for the period was $4.74 million while available cash holdings totaled $2.82 million at the end of November.
Mississippi Phosphates, a Pascagoula, Miss., fertilizer company, filed for bankruptcy on Oct. 27. The Chapter 11 case number is 14-51667.
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