Canfor Pulp Products Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was CAD 188.8 million compared to CAD 308.3 million a year ago. Net loss was CAD 35.7 million compared to net income of CAD 16.3 million a year ago. Basic loss per share from continuing operations was CAD 0.55 compared to basic earnings per share from continuing operations of CAD 0.25 a year ago.
For the nine months, sales was CAD 681.6 million compared to CAD 817.5 million a year ago. Net loss was CAD 82.9 million compared to CAD 9.3 million a year ago. Basic loss per share from continuing operations was CAD 1.27 compared to CAD 0.14 a year ago.