Conifex Timber Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was CAD 38.74 million compared to CAD 47.67 million a year ago. Net loss was CAD 8.05 million compared to net income of CAD 0.9412 million a year ago. Basic loss per share from continuing operations was CAD 0.2 compared to basic earnings per share from continuing operations of CAD 0.02 a year ago.
For the nine months, sales was CAD 105.88 million compared to CAD 204.57 million a year ago. Net loss was CAD 25.3 million compared to net income of CAD 24.66 million a year ago. Basic loss per share from continuing operations was CAD 0.64 compared to basic earnings per share from continuing operations of CAD 0.61 a year ago.