Canfor Pulp Reports Results for First Quarter of 2023

May 03, 2023

Canfor Pulp Products Inc. (“The Company” or “CPPI”) (TSX: CFX) today reported its first quarter of 2023 results:


  • Q1 2023 reported operating loss of $25 million; net loss of $19 million, or $0.29 per share
  • Global pulp market fundamentals softened late in the quarter amid uncertainty associated with rising pulp producer inventory levels
  • Improved pulp production despite ongoing fibre challenges and wind down of pulp line at Prince George Pulp and Paper mill
  • Subsequent to quarter-end, expanded and extended its operating loan facility and term debt

Click to download the full release »

get timely news alerts

Subscribe via email