Canfor reports net loss of $350 million as lumber market headwinds continue

  • 📰 SooToday
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 85%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

VANCOUVER — Canfor Corp. says it had a net loss of $350.1 million in its last quarter as it took writedowns and impairment charges related to mill closures in a slumping lumber market. The forestry company says the net loss worked out to $2.

VANCOUVER — Canfor Corp. says it had a net loss of $350.1 million in its last quarter as it took writedowns and impairment charges related to mill closures in a slumping lumber market.

Canfor says its B.C. operations continue to struggle with limited access to economic fibre, weak lumber prices, rising operating costs, increased tariffs and various regulatory complexities.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 8. in İD

Indonesia Berita Terbaru, Indonesia Berita utama