Conifex announces qtrly ‍net income per share $0.23​

Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Conifex Timber Inc :Conifex announces strong third quarter results.Conifex Timber Inc - Qtrly ‍net income per share $0.23​.Conifex Timber Inc - Qtrly ‍​sales $120.3 million versus $104.1 million.Conifex Timber Inc - ‍Will initially operate ed mill on a one-shift basis & expect to ramp-up production to about 90% of capacity by dec 2018​.Conifex Timber -‍ Expect that uncertainty around softwood lumber dispute to contribute to further volatility in U.S. market conditions & pricing​.Conifex Timber Inc - ‍Expect lumber demand and pricing to continue to remain solid in chinese and japanese markets through balance of year​.Conifex Timber Inc - ‍Expect further strengthening of WSPF prices early in Q4 of 2017​.Conifex Timber - ‍Through closing months of 2017, expect demand in U.S. and Canadian lumber markets to improve average benchmark Western SPF prices​. 

Company Quote

0.05 +4.76%
1:29am IST