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Doral Financial reports net loss of $3.33 million for August
By Mark Reccek
Bethlehem, Pa., Sept. 16 – Doral Financial Corp. posted a net loss of $3.33 million for August on $16,692 in revenue, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the Southern District of New York.
For July, the company reported a net loss of $2.94 million on $15,832 in revenue.
The company also held $42.10 million in cash and equivalents as of Aug. 31, down slightly from $42.94 million as of July 31.
Doral is a holding company based in San Juan, Puerto Rico. The company filed for bankruptcy on March 11 under Chapter 11 case number 15-10573.
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