Canfor reports loss in Q1/2020
Canfor Corp. reported a loss in its most recent quarter compared with a profit a year ago as revenue fell. The forestry company says it lost $89.5 million or 71 cents per diluted share for the three months ended March 31. That compared with a profit of $112.2 million or 87 cents per diluted share in the same quarter last year. Sales for the first three months of 2019 amounted to $1.15 billion, down from $1.23 billion for the first three months of 2018. On an ...
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