Charys posts $697,722 May net profit

By Caroline Salls

Pittsburgh, June 20 - Charys Holding Co., Inc. posted a $697,722 net profit for May on zero revenues, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the District of Delaware.

In April, the company posted a $10.76 million net profit, also on zero revenues.

Cash and cash equivalents on May 31 were $3,880, compared with $80,522 at the end of April.

Charys is an Atlanta-based infrastructure services company that filed for bankruptcy on Feb. 14. Its Chapter 11 case number is 08-10289.

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