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Washington Mutual posts $4.77 million July operating income
By Alice Popovici
New York, Aug. 25 - Washington Mutual, Inc. reported $4.77 million of July operating income on $6.29 million in total revenues, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the District of Delaware.
The net loss for July was $912,097. In comparison, in June the company posted a $3.58 million net loss on $2.92 million in revenues.
Cash and cash equivalents at July 31 were $4.608 billion, slightly down from $4.609 billion at the end of June.
In addition, WMI Investment Corp. reported $27,612 July net profit on $43,577 in revenues.
WMI had $274.50 million in cash and cash equivalents at July 31, compared to $274.43 million at the end of June.
Washington Mutual, a Seattle-based savings and loan holding company, filed for Chapter 11 bankruptcy on Sept. 26, 2008 in the U.S. Bankruptcy Court for the District of Delaware. Its Chapter 11 case number is 08-12229.
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