July 28, 2022
Vancouver, BC - Canfor Pulp Products Inc. (“The Company” or “CPPI”) (TSX: CFX) today reported its second quarter of 2022 results:
Overview
- Q2 2022 reported operating loss of $8 million; net loss of $6 million, or $0.09 per share
- Strong global pulp fundamentals and near-record high global US-dollar pulp list prices in Q2; significant improvement in NBSK pulp unit sales realizations
- Increased pulp shipments reflecting slight transportation relief despite ongoing logistics constraints
- Available liquidity of $106 million at June 30, 2022