GreenFirst Forest Products (TSE:GFP) has released an update.
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GreenFirst Forest Products Inc. reports a Q2 2024 net loss of $14.5 million, with lumber sales volumes declining due to lower demand and oversupply issues. The company is also preparing for a Q4 2024 spin-out transaction of its paper mill operations into Kap Corporation, amidst challenging market conditions.
For further insights into TSE:GFP stock, check out TipRanks’ Stock Analysis page.