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Foamex posts $8.9 million April operating income
By Caroline Salls
Pittsburgh, May 23 - Foamex International Inc. reported $8.9 million of operating income for April on sales of $103.19 million, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the District of Delaware.
The figures show a decline from an $18.09 million March operating income on sales of $142.76 million.
Net income for April was $1.52 million, down from $4.21 million March net income.
Cash at April 30 was $5.86 million, compared with $3.23 million at the end of March.
Foamex, a Linwood, Pa., manufacturer and distributor of flexible polyurethane and advanced polymer foam products, filed for Chapter 11 on Sept. 19, 2005. Its case number is 05-12685.
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