Canfor Pulp|Financial Updates

Canfor Pulp reports results for second quarter of 2022

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

Read the Full Release

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