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Asarco posts $18.23 million operating income for January, $20.23 million EBITDA
New York, March 10 - Asarco LLC reported $18.23 million of operating income for January on sales of $80.60 million in its monthly operating report filed Friday with the U.S. Bankruptcy Court for the Southern District of Texas.
EBITDA for the month was $20.23 million.
December's operating income was $27.08 million on sales of $48.35 million. EBITDA for that month was $29.24 million.
Cash at the end of January was $16.33 million, up from $11.65 million a month earlier.
Asarco, a Tucson, Ariz., mining company, filed for bankruptcy on Aug. 9, 2005. Its Chapter 11 case number is 05-21207.
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