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AIG Financial Products reports $2.87 million net profit for July
By Sarah Lizee
Olympia, Wash., Aug. 22 – American International Group, Inc. subsidiary AIG Financial Products Corp. reported a $2.87 million net profit for July on $3.03 million of gross income/sales, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the District of Delaware.
To compare, the company reported a $1.21 million net profit for June on $2.33 million of gross income/sales.
The cash balance at the end of July was $24.63 million, up from $22.73 million at the end of June.
The Wilton, Conn.-based financial products company filed Chapter 11 bankruptcy on Dec. 14, 2022 under case number 22-11309.
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