Canfor Corp. reported a Q2 loss of $67 million, compared to profits of $531.6 million a year earlier. That was the third consecutive quarterly loss for the company, and includes a net $57.4 million reversal of a previously recognized inventory write-down. Sales of $1.45 billion were down from $2.17 billion a year earlier.
Canfor posts Q2 loss
Most Recent
Most Read
TIMBER MART CEO speaks out on succession planning
Tue, December 03rd, 2024
U.S. construction spending rises in October
Tue, December 03rd, 2024
Walmart Canada “back in growth mode”: CEO
Mon, December 02nd, 2024
Watch the highlight reel from the CHPTA Hall of Fame induction ceremony
Mon, December 02nd, 2024
Featured Classified: Wolf Gugler
Mon, December 02nd, 2024
TIMBER MART announces promotion in hardlines purchasing
Fri, November 29th, 2024
IKEA event touts Summary Report’s sustainable and worker initiatives
Fri, November 29th, 2024
Home renovations are on the rise as interest rates fall
Fri, November 29th, 2024
Walmart Canada rolls out data analytics program
Thu, November 28th, 2024
Throwback Thursday: Ten years ago, Slegg announced it was switching buying groups
Thu, November 28th, 2024