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Published on 10/21/2021 in the Prospect News Distressed Debt Daily.

OFS International reports $1.86 million income for September period

By Sarah Lizee

Olympia, Wash., Oct. 21 – OFS International, LLC reported a $1.86 million income on $4.7 million of revenue for the September period, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the Southern District of Texas.

In comparison, the company reported a $798,711 loss on $2.96 million of revenue for the August period.

The company listed $295,671 of cash and cash equivalents as of Sept. 30, compared to $929,194 at the end of August.

The Houston-based company provides oil company tubular goods and services. The company filed bankruptcy on May 31 under Chapter 11 case number 21-31784.


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