Canfor Corp., the Vancouver-based forest products company, said last week that its Q1 loss was $142 million, or $1.17 per share. The company blamed falling lumber and lumber product prices. This compares to a profit of $534 million ($4.29 per share) in the same period last year. Revenue in the quarter was $1.39 billion, down 37 percent from $2.21 billion in the previous Q1.
Canfor Corp. reports $142 million loss
Most Recent
Most Read
Weyerhaeuser sales, earnings slip in Q2
Fri, July 26th, 2024
Don’t miss the incredible speakers at the Hardlines Conference!
Fri, July 26th, 2024
Canfor announces CEO succession
Thu, July 25th, 2024
West Fraser reverses Q2 loss
Thu, July 25th, 2024
Tractor Supply’s comp sales dip in Q2
Thu, July 25th, 2024
Loblaw turns in mixed Q2 results, strong online sales
Thu, July 25th, 2024
In memoriam: blues rock legend John Mayall
Thu, July 25th, 2024
Barcodes turn 50
Wed, July 24th, 2024
Featured Classified: RONA
Wed, July 24th, 2024
RONA affiliate makes acquisitions in Ottawa area
Tue, July 23rd, 2024