Canfor reports results for first quarter of 2020

Vancouver, BC - Canfor Corporation (“The Company” or “Canfor”) (TSX: CFP) today reported its first quarter 2020 results:

Overview

• First quarter of 2020 reported operating loss of $89 million, including a $63 million inventory write-down in the lumber segment; adjusted operating income of $9 million
• Adjusted shareholder net loss of $26 million, or $0.21 per share

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