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LaForta Gestao posts $2.03 million net loss for January
By Sarah Lizee
Olympia, Wash., Feb. 7 – LaForta Gestao e Investimentos Sociedade Unipessoal LDA reported a $2.03 million net loss on $356,327 in gross income for January, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the Southern District of Texas.
In comparison, the company reported a $56.44 million net loss on $5,584 in gross income for December.
The cash balance at the end of January was $11.75 million, down from $18.78 million at the end of December.
LaForta, which previously owned the Funchal, Portugal-based ultra-deepwater semi-submersible drilling rig known as La Muralla IV, is a wholly owned subsidiary of non-debtor Offshore Drilling Holding SA. It filed bankruptcy on June 16, 2022 under Chapter 11 case number 22-90126.
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