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Canfor posts $33.5 million Q3 profit on pulp stake
Canfor Corp. reports a $33.5 million third quarter profit ending September buoyed by its 50.2 percent stake in Canfor Pulp. Pulp markets were strong while a stagnant U.S. housing market weighed on solid wood results. In nine months Canfor earned $106.4 million versus a $53.7 million loss a year ago.
MENTIONED IN THIS ARTICLE
Canfor Corp
U.S
Canfor Pulp
Canfor
Jim Shepard
B.C
Prince
China
Tom Sitar
North America
Sitar
Cantor