Edition:
India

Conifex Timber Inc - QTRLY Basic And Diluted Earnings Loss Per Share $0.35


Friday, 15 Nov 2019 

Conifex Timber Inc ::CONIFEX ANNOUNCES THIRD QUARTER 2019 RESULTS.CONIFEX TIMBER INC - QTRLY BASIC AND DILUTED EARNINGS LOSS PER SHARE $0.35.CONIFEX TIMBER INC - RECORDED MODEST WHOLESALE LUMBER REVENUES AND SHIPMENTS IN Q3 OF 2019.CONIFEX TIMBER INC - EXPECT LUMBER PRICES TO GRADUALLY INCREASE THROUGH REMAINDER 2019 AND 2020.CONIFEX TIMBER INC - EXPECT LUMBER PRICES TO GRADUALLY INCREASE THROUGH REMAINDER OF THIS YEAR AND 2020.CONIFEX TIMBER INC - CONTINUE TO BELIEVE FACTORS THAT SHAPE MID-TERM DEMAND FOR LUMBER ARE SOLID.CONIFEX TIMBER INC - REVENUES TOTALED $65.2 MILLION IN Q3 OF 2019, DECLINE OF 59% FROM SAME QUARTER LAST YEAR.CONIFEX TIMBER INC - EXPECT A QUARTER-OVER-QUARTER INCREASE IN LUMBER PRODUCTION OF APPROXIMATELY 10% IN Q4 OF 2019.CONIFEX TIMBER INC - EXPECT LUMBER SEGMENT COSTS TO IMPROVE COMMENCING IN NOVEMBER 2019.CONIFEX TIMBER INC - ANTICIPATE SOLID IMPROVEMENT IN LUMBER SEGMENT EBITDA IN Q4 OF 2019.CONIFEX TIMBER INC - EXPECT A SEASONALLY STRONGER EBITDA CONTRIBUTION FROM OUR BIOENERGY SEGMENT IN CLOSING QUARTER OF 2019.CONIFEX TIMBER INC - INTEND TO EFFECT AN ACCEPTABLE DIVESTURE AND RESTRUCTURING PLAN.CONIFEX TIMBER INC - CONTINUE TO BELIEVE FACTORS THAT SHAPE MID-TERM DEMAND FOR LUMBER ARE SOLID.CONIFEX TIMBER INC SEES BETTER BALANCED LUMBER MARKETS AND HIGHER PRICES GOING FORWARD.CONIFEX TIMBER -EXPECTS CASH FLOW FROM OPERATIONS, AVAILABLE CASH & EXPECTED NET PROCEEDS WILL BE ADEQUATE TO MEET OBLIGATIONS THROUGH NEXT 12 MONTHS. 

Company Quote

0.26
-0.01 -3.70%
13 Dec 2019