Canfor Pulp Products (TSE:CFX) has released an update.
Canfor Pulp Products Inc. has announced a Q2 2024 operating loss of $5.6 million and a net loss of $6.3 million, despite improvements in global pulp pricing and NBSK pulp sales realizations. The losses were partly due to production and shipment declines following unforeseen repairs at their Intercontinental mill, coupled with the indefinite curtailment of a production line at the Northwood mill due to the scarcity of economic fibre in the region.
For further insights into TSE:CFX stock, check out TipRanks’ Stock Analysis page.
