Canfor Corporation (TSX: CFP) today reported its second quarter of 2019 results:
Overview
- Second quarter of 2019 reported operating loss of $50 million
- Operating loss of $5 million after adjusting for duties, restructuring costs and reversal of inventory provision
- Adjusted shareholder net loss of $12 million, or $0.10 per share
- Completed first phase purchase of 49% of Elliott Sawmilling Co., LLC (“Elliott”)
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