Canfor Corporation|Financial Updates

Canfor reports results for second quarter of 2019.

July 25, 2019

Vancouver, BC - 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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