February 24, 2021
Vancouver, BC - Canfor Pulp Products Inc. (“CPPI”) (TSX: CFX) today reported 2020 and fourth quarter 2020 results:
Overview
- 2020 reported an operating loss of $56 million; net loss of $22 million, or $0.34 per share
- Fourth quarter of 2020 reported an 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