Canfor Pulp Products Inc. (“The Company” or “CPPI”) (TSX: CFX) today reported its second quarter of 2024 results:
Overview.
- Q2 2024 operating loss of $5.6 million; net loss of $6.3 million, or $0.10 per share.
- Strong global pulp pricing and moderate improvement in NBSK pulp unit sales realizations.
- Intercon NBSK pulp mill scheduled maintenance downtime completed as planned; restart delayed due to unforeseen recovery boiler repairs and start up challenges.
- Announced indefinite curtailment of one production line at Northwood NBSK pulp mill, driven by the decline in availability of economic fibre in the northern British Columbia region.
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