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Kidde-Fenwal reports $1.96 million net less for March
By Sarah Lizee
Olympia, Wash., April 23 – Kidde-Fenwal, Inc. reported a $1.96 million net loss for March on $19.37 million of gross income/sales, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the District of Delaware.
To compare, the company reported a $3.39 million net loss for February on $16.25 million of gross income/sales.
The cash balance at the end of March was $128.02 million, down from $135.68 million at the end of February.
The industrial fire detection and suppression company is based in Ashland, Mass. The company filed bankruptcy on May 14, 2023 under Chapter 11 case number is 23-10638
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