Conifex Timber Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was CAD 27.2 million compared to CAD 85.07 million a year ago. Net loss was CAD 9.19 million compared to net income of CAD 12.28 million a year ago. Basic loss per share from continuing operations was CAD 0.23 compared to basic earnings per share from continuing operations of CAD 0.31 a year ago.
For the six months, sales was CAD 67.14 million compared to CAD 156.9 million a year ago. Net loss was CAD 17.25 million compared to net income of CAD 23.72 million a year ago. Basic loss per share from continuing operations was CAD 0.43 compared to basic earnings per share from continuing operations of CAD 0.59 a year ago.