Sales soar at Western Forest Products

Western Forest Products reported Q4 net income of $34.4 million, turning around a net loss of $29.2 million a year prior and up from a $11.5 million in Q3. Total revenues soared to $318.9 million, compared to $80.1 million in the previous Q4 and $290.6 million in the previous quarter. Operating income prior to restructuring and other items was $56 million, following a loss of $29.6 million in the comparable period of 2019.