Canfor Pulp Products Inc. Announces 2020 and Fourth Quarter 2020 Results

Feb 24, 2021

Canfor Pulp Products Inc. (“CPPI”) (TSX: CFX) today reported 2020 and fourth quarter 2020 results:

Overview

  • 2020 reported operating loss of $56 million; net loss of $22 million, or $0.34 per share
  • Fourth quarter of 2020 reported operating loss of $28 million; net loss of $10 million, or $0.16 per share
  • Strong balance sheet maintained, net debt to capitalization of 7.5% at December 31, 2020

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