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Crestlloyd reports $1.06 million net profit for January
By Sarah Lizee
Olympia, Wash., Feb. 22 – Crestlloyd, LLC reported a $1.06 million net profit on $969,803 of gross income or sales for January, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the Central District of California.
In comparison, the company reported a $262,348 net profit on zero gross income or sales for December.
The company had a cash balance of $40.2 million at the end of January, compared to $39.15 million at the end of December.
The Los Angeles-based home builder filed bankruptcy on Oct. 26, 2021 under Chapter 11 case number 21-18205.
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