Brief: Conifex Announces First Quarter 2023 Results

Conifex Timber

09/05/2023 21:21

May 9 (Reuters) - Conifex Timber Inc  CFF.TO :
    * CONIFEX ANNOUNCES FIRST QUARTER 2023 RESULTS
    * CONIFEX TIMBER INC Q1 LOSS PER SHARE C$0.20
    * CONIFEX TIMBER INC - EBITDA WAS NEGATIVE $6.9 MILLION FOR
QUARTER COMPARED TO EBITDA OF $20.1 MILLION IN Q1 OF 2022
    * CONIFEX TIMBER INC - NET LOSS WAS $8.1 MILLION OR $0.20
PER
SHARE FOR QUARTER VERSUS NET INCOME OF $11.4 MILLION OR $0.28
PER SHARE IN YEAR-EARLIER QUARTER
    * CONIFEX TIMBER INC - EXPECT LUMBER MARKETS TO CONTINUE TO
EXPERIENCE WEAKNESS THROUGH 2023 AS GLOBAL MARKET CONDITIONS
CONTINUE TO EVOLVE

Source text for Eikon:  ID:nGNX3WN0fK 
Further company coverage:  CFF.TO 

 ((Reuters.Briefs@thomsonreuters.com;))