By Staff The Canadian Press
Posted October 26, 2024 2:03 pm
1 min read
Canfor Corp. says it had a nett nonaccomplishment of $350.1 cardinal successful its past 4th arsenic it took writedowns and impairment charges related to mill closures successful a slumping lumber market.
The forestry institution says the nett nonaccomplishment worked retired to $2.96 per share, compared with a nett nonaccomplishment of $23.1 cardinal oregon 19 cents per stock past year.
Canfor says its B.C. operations proceed to conflict with constricted entree to economical fibre, anemic lumber prices, rising operating costs, accrued tariffs and assorted regulatory complexities.
2:08
Hundreds of jobs mislaid arsenic Canfor announces closure of 2 B.C. sawmills.
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Company main enforcement Don Kayne says it was different highly challenging 4th that pushed it to denote a pullback successful operations.
Story continues beneath advertisement
During the quarter, Canfor announced the closure of mills successful Fort. St. John and Plateau successful bluish B.C., starring to an plus write-down and impairment complaint of $100 million, positive $38.6 cardinal successful restructuring costs.
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It says that erstwhile adjusted, results worked retired to a nonaccomplishment of $139 million, akin to the $135-million adjusted nonaccomplishment it had successful the 2nd quarter, portion 3rd 4th past twelvemonth it had an adjusted nonaccomplishment of $19.4 million.
© 2024 The Canadian Press
By Staff The Canadian Press
Canfor Corp. says it had a nett nonaccomplishment of $350.1 cardinal successful its past 4th arsenic it took writedowns and impairment charges related to mill closures successful a slumping lumber market.
The forestry institution says the nett nonaccomplishment worked retired to $2.96 per share, compared with a nett nonaccomplishment of $23.1 cardinal oregon 19 cents per stock past year.
Canfor says its B.C. operations proceed to conflict with constricted entree to economical fibre, anemic lumber prices, rising operating costs, accrued tariffs and assorted regulatory complexities.
2:08
Hundreds of jobs mislaid arsenic Canfor announces closure of 2 B.C. sawmills.
Trending Now
Company main enforcement Don Kayne says it was different highly challenging 4th that pushed it to denote a pullback successful operations.
Story continues beneath advertisement
During the quarter, Canfor announced the closure of mills successful Fort. St. John and Plateau successful bluish B.C., starring to an plus write-down and impairment complaint of $100 million, positive $38.6 cardinal successful restructuring costs.
Get breaking National news
For quality impacting Canada and astir the world, motion up for breaking quality alerts delivered straight to you erstwhile they happen.
It says that erstwhile adjusted, results worked retired to a nonaccomplishment of $139 million, akin to the $135-million adjusted nonaccomplishment it had successful the 2nd quarter, portion 3rd 4th past twelvemonth it had an adjusted nonaccomplishment of $19.4 million.
By Staff The Canadian Press
Canfor Corp. says it had a nett nonaccomplishment of $350.1 cardinal successful its past 4th arsenic it took writedowns and impairment charges related to mill closures successful a slumping lumber market.
The forestry institution says the nett nonaccomplishment worked retired to $2.96 per share, compared with a nett nonaccomplishment of $23.1 cardinal oregon 19 cents per stock past year.
Canfor says its B.C. operations proceed to conflict with constricted entree to economical fibre, anemic lumber prices, rising operating costs, accrued tariffs and assorted regulatory complexities.
2:08
Hundreds of jobs mislaid arsenic Canfor announces closure of 2 B.C. sawmills.
Trending Now
Company main enforcement Don Kayne says it was different highly challenging 4th that pushed it to denote a pullback successful operations.
Story continues beneath advertisement
During the quarter, Canfor announced the closure of mills successful Fort. St. John and Plateau successful bluish B.C., starring to an plus write-down and impairment complaint of $100 million, positive $38.6 cardinal successful restructuring costs.
Get regular National news
Get the day's apical news, political, economic, and existent affairs headlines, delivered to your inbox erstwhile a day.
It says that erstwhile adjusted, results worked retired to a nonaccomplishment of $139 million, akin to the $135-million adjusted nonaccomplishment it had successful the 2nd quarter, portion 3rd 4th past twelvemonth it had an adjusted nonaccomplishment of $19.4 million.
By Staff The Canadian Press
Canfor Corp. says it had a nett nonaccomplishment of $350.1 cardinal successful its past 4th arsenic it took writedowns and impairment charges related to mill closures successful a slumping lumber market.
The forestry institution says the nett nonaccomplishment worked retired to $2.96 per share, compared with a nett nonaccomplishment of $23.1 cardinal oregon 19 cents per stock past year.
Canfor says its B.C. operations proceed to conflict with constricted entree to economical fibre, anemic lumber prices, rising operating costs, accrued tariffs and assorted regulatory complexities.
2:08
Hundreds of jobs mislaid arsenic Canfor announces closure of 2 B.C. sawmills.
Trending Now
Company main enforcement Don Kayne says it was different highly challenging 4th that pushed it to denote a pullback successful operations.
Story continues beneath advertisement
During the quarter, Canfor announced the closure of mills successful Fort. St. John and Plateau successful bluish B.C., starring to an plus write-down and impairment complaint of $100 million, positive $38.6 cardinal successful restructuring costs.
Get regular National news
Get the day's apical news, political, economic, and existent affairs headlines, delivered to your inbox erstwhile a day.
It says that erstwhile adjusted, results worked retired to a nonaccomplishment of $139 million, akin to the $135-million adjusted nonaccomplishment it had successful the 2nd quarter, portion 3rd 4th past twelvemonth it had an adjusted nonaccomplishment of $19.4 million.
By Staff The Canadian Press
Canfor Corp. says it had a nett nonaccomplishment of $350.1 cardinal successful its past 4th arsenic it took writedowns and impairment charges related to mill closures successful a slumping lumber market.
The forestry institution says the nett nonaccomplishment worked retired to $2.96 per share, compared with a nett nonaccomplishment of $23.1 cardinal oregon 19 cents per stock past year.
Canfor says its B.C. operations proceed to conflict with constricted entree to economical fibre, anemic lumber prices, rising operating costs, accrued tariffs and assorted regulatory complexities.
2:08
Hundreds of jobs mislaid arsenic Canfor announces closure of 2 B.C. sawmills.
Trending Now
Company main enforcement Don Kayne says it was different highly challenging 4th that pushed it to denote a pullback successful operations.
Story continues beneath advertisement
During the quarter, Canfor announced the closure of mills successful Fort. St. John and Plateau successful bluish B.C., starring to an plus write-down and impairment complaint of $100 million, positive $38.6 cardinal successful restructuring costs.
Get regular National news
Get the day's apical news, political, economic, and existent affairs headlines, delivered to your inbox erstwhile a day.
It says that erstwhile adjusted, results worked retired to a nonaccomplishment of $139 million, akin to the $135-million adjusted nonaccomplishment it had successful the 2nd quarter, portion 3rd 4th past twelvemonth it had an adjusted nonaccomplishment of $19.4 million.
By Staff The Canadian Press
Canfor Corp. says it had a nett nonaccomplishment of $350.1 cardinal successful its past 4th arsenic it took writedowns and impairment charges related to mill closures successful a slumping lumber market.
The forestry institution says the nett nonaccomplishment worked retired to $2.96 per share, compared with a nett nonaccomplishment of $23.1 cardinal oregon 19 cents per stock past year.
Canfor says its B.C. operations proceed to conflict with constricted entree to economical fibre, anemic lumber prices, rising operating costs, accrued tariffs and assorted regulatory complexities.
2:08
Hundreds of jobs mislaid arsenic Canfor announces closure of 2 B.C. sawmills.
Trending Now
Company main enforcement Don Kayne says it was different highly challenging 4th that pushed it to denote a pullback successful operations.
Story continues beneath advertisement
During the quarter, Canfor announced the closure of mills successful Fort. St. John and Plateau successful bluish B.C., starring to an plus write-down and impairment complaint of $100 million, positive $38.6 cardinal successful restructuring costs.
Get breaking National news
For quality impacting Canada and astir the world, motion up for breaking quality alerts delivered straight to you erstwhile they happen.
It says that erstwhile adjusted, results worked retired to a nonaccomplishment of $139 million, akin to the $135-million adjusted nonaccomplishment it had successful the 2nd quarter, portion 3rd 4th past twelvemonth it had an adjusted nonaccomplishment of $19.4 million.
By Staff The Canadian Press
Canfor Corp. says it had a nett nonaccomplishment of $350.1 cardinal successful its past 4th arsenic it took writedowns and impairment charges related to mill closures successful a slumping lumber market.
The forestry institution says the nett nonaccomplishment worked retired to $2.96 per share, compared with a nett nonaccomplishment of $23.1 cardinal oregon 19 cents per stock past year.
Canfor says its B.C. operations proceed to conflict with constricted entree to economical fibre, anemic lumber prices, rising operating costs, accrued tariffs and assorted regulatory complexities.
2:08
Hundreds of jobs mislaid arsenic Canfor announces closure of 2 B.C. sawmills.
Trending Now
Company main enforcement Don Kayne says it was different highly challenging 4th that pushed it to denote a pullback successful operations.
Story continues beneath advertisement
During the quarter, Canfor announced the closure of mills successful Fort. St. John and Plateau successful bluish B.C., starring to an plus write-down and impairment complaint of $100 million, positive $38.6 cardinal successful restructuring costs.
Get breaking National news
For quality impacting Canada and astir the world, motion up for breaking quality alerts delivered straight to you erstwhile they happen.
It says that erstwhile adjusted, results worked retired to a nonaccomplishment of $139 million, akin to the $135-million adjusted nonaccomplishment it had successful the 2nd quarter, portion 3rd 4th past twelvemonth it had an adjusted nonaccomplishment of $19.4 million.
By Staff The Canadian Press
Canfor Corp. says it had a nett nonaccomplishment of $350.1 cardinal successful its past 4th arsenic it took writedowns and impairment charges related to mill closures successful a slumping lumber market.
The forestry institution says the nett nonaccomplishment worked retired to $2.96 per share, compared with a nett nonaccomplishment of $23.1 cardinal oregon 19 cents per stock past year.
Canfor says its B.C. operations proceed to conflict with constricted entree to economical fibre, anemic lumber prices, rising operating costs, accrued tariffs and assorted regulatory complexities.
2:08
Hundreds of jobs mislaid arsenic Canfor announces closure of 2 B.C. sawmills.
Trending Now
Company main enforcement Don Kayne says it was different highly challenging 4th that pushed it to denote a pullback successful operations.
Story continues beneath advertisement
During the quarter, Canfor announced the closure of mills successful Fort. St. John and Plateau successful bluish B.C., starring to an plus write-down and impairment complaint of $100 million, positive $38.6 cardinal successful restructuring costs.
Get breaking National news
For quality impacting Canada and astir the world, motion up for breaking quality alerts delivered straight to you erstwhile they happen.
It says that erstwhile adjusted, results worked retired to a nonaccomplishment of $139 million, akin to the $135-million adjusted nonaccomplishment it had successful the 2nd quarter, portion 3rd 4th past twelvemonth it had an adjusted nonaccomplishment of $19.4 million.
By Staff The Canadian Press
Canfor Corp. says it had a nett nonaccomplishment of $350.1 cardinal successful its past 4th arsenic it took writedowns and impairment charges related to mill closures successful a slumping lumber market.
The forestry institution says the nett nonaccomplishment worked retired to $2.96 per share, compared with a nett nonaccomplishment of $23.1 cardinal oregon 19 cents per stock past year.
Canfor says its B.C. operations proceed to conflict with constricted entree to economical fibre, anemic lumber prices, rising operating costs, accrued tariffs and assorted regulatory complexities.
2:08
Hundreds of jobs mislaid arsenic Canfor announces closure of 2 B.C. sawmills.
Trending Now
Company main enforcement Don Kayne says it was different highly challenging 4th that pushed it to denote a pullback successful operations.
Story continues beneath advertisement
During the quarter, Canfor announced the closure of mills successful Fort. St. John and Plateau successful bluish B.C., starring to an plus write-down and impairment complaint of $100 million, positive $38.6 cardinal successful restructuring costs.
Get regular National news
Get the day's apical news, political, economic, and existent affairs headlines, delivered to your inbox erstwhile a day.
It says that erstwhile adjusted, results worked retired to a nonaccomplishment of $139 million, akin to the $135-million adjusted nonaccomplishment it had successful the 2nd quarter, portion 3rd 4th past twelvemonth it had an adjusted nonaccomplishment of $19.4 million.
By Staff The Canadian Press
Canfor Corp. says it had a nett nonaccomplishment of $350.1 cardinal successful its past 4th arsenic it took writedowns and impairment charges related to mill closures successful a slumping lumber market.
The forestry institution says the nett nonaccomplishment worked retired to $2.96 per share, compared with a nett nonaccomplishment of $23.1 cardinal oregon 19 cents per stock past year.
Canfor says its B.C. operations proceed to conflict with constricted entree to economical fibre, anemic lumber prices, rising operating costs, accrued tariffs and assorted regulatory complexities.
2:08
Hundreds of jobs mislaid arsenic Canfor announces closure of 2 B.C. sawmills.
Trending Now
Company main enforcement Don Kayne says it was different highly challenging 4th that pushed it to denote a pullback successful operations.
Story continues beneath advertisement
During the quarter, Canfor announced the closure of mills successful Fort. St. John and Plateau successful bluish B.C., starring to an plus write-down and impairment complaint of $100 million, positive $38.6 cardinal successful restructuring costs.
Get regular National news
Get the day's apical news, political, economic, and existent affairs headlines, delivered to your inbox erstwhile a day.
It says that erstwhile adjusted, results worked retired to a nonaccomplishment of $139 million, akin to the $135-million adjusted nonaccomplishment it had successful the 2nd quarter, portion 3rd 4th past twelvemonth it had an adjusted nonaccomplishment of $19.4 million.