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Canfor reopens plant after wildfires forced two-week closure woodworkingnetwork.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from woodworkingnetwork.com Daily Mail and Mail on Sunday newspapers.
Canfor Reports Results for Second Quarter of 2021 newswire.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newswire.ca Daily Mail and Mail on Sunday newspapers.
Canfor profits exceed $1 billion as lumber prices continue to soar - Business News castanet.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from castanet.net Daily Mail and Mail on Sunday newspapers.
Posted: May 03, 2021 6:00 AM AT | Last Updated: May 3 Softwood logs are loaded for processing at the JD Irving Ltd sawmill in Chipman. The facility is one of New Brunswick s most important.(Submitted by Gerard Sirois/GNB) ....
It says the unprecedented pricing substantially outweighed higher market-related log costs in Western Canada, combined with moderately lower North American shipment volumes. Canfor says its profit amounted to $3.42 per diluted share for the quarter ended March 31 compared with a loss of $70.0 million or 56 cents per share in the same quarter last year. Sales totalled $1.94 billion, up from $1.17 billion in the first three months of 2020. On an adjusted basis, Canfor says it earned $3.47 per diluted share in its most recent quarter compared with an adjusted loss of 45 cents per share a year earlier. Following the significant volatility experienced last year as a result of the pandemic, we are very pleased to see the sustained strength in global lumber markets continuing into 2021, as well as a welcome improvement in pulp market conditions, Canfor chief executive Don Kayne said in a statement. ....