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Shandong Chenming Paper's 9-Mth Net Profit Down 57.0% Y/Y

Friday, 25 Oct 2019

Oct 25 (Reuters) - Shandong Chenming Paper <000488.SZ>1812.HK::SAYS 9-MONTH NET PROFIT DOWN 57.0% Y/Y AT 1.1 BILLION YUAN ($155.68 million).

Domtar Corporation Reports Preliminary Third Quarter 2019 Financial Results

Friday, 25 Oct 2019

Oct 25 (Reuters) - Domtar Corp ::DOMTAR CORPORATION REPORTS PRELIMINARY THIRD QUARTER 2019 FINANCIAL RESULTS.Q3 EARNINGS PER SHARE $0.32.Q3 SALES $1.3 BILLION VERSUS REFINITIV IBES ESTIMATE OF $1.29 BILLION.Q3 EARNINGS PER SHARE $0.89 EXCLUDING ITEMS.Q3 EARNINGS PER SHARE ESTIMATE $0.49 -- REFINITIV IBES DATA.RESULTS IN PAPER IMPROVED WITH LOWER MAINTENANCE AND RAW MATERIAL COSTS OFFSETTING MARKET RELATED DOWNTIME COSTS.DOMTAR - IN PULP, DOWNWARD PRICE ADJUSTMENTS CONTINUED IN BUT WE ARE SEEING INCREASING SIGNS OF IMPROVEMENT IN SUPPLY & DEMAND FUNDAMENTALS.FOR Q4, MAINTENANCE IS EXPECTED TO BE HIGHER WHILE PAPER IS EXPECTED TO BE NEGATIVELY IMPACTED IN PART BY A SEASONALLY UNFAVORABLE MIX.ANTICIPATE SOME VOLATILITY IN SOFTWOOD AND FLUFF PULP MARKETS IN Q4.DOMTAR - DECREASE IN Q3 OPERATING INCOME WAS DUE TO LOWER SELLING PRICES IN PULP, MARKET-RELATED DOWNTIME COSTS, ESPANOLA OUTAGE.

Clearwater Paper Reports Q3 Adj Loss Per Share Of $0.50

Friday, 25 Oct 2019

Oct 24 (Reuters) - Clearwater Paper Corp ::CLEARWATER PAPER REPORTS THIRD QUARTER 2019 RESULTS.Q3 SALES $445.2 MILLION VERSUS REFINITIV IBES ESTIMATE OF $436.1 MILLION.Q3 ADJUSTED NON-GAAP LOSS PER SHARE $0.50 EXCLUDING ITEMS.Q3 GAAP LOSS PER SHARE $0.66.Q3 EARNINGS PER SHARE ESTIMATE $-0.32 -- REFINITIV IBES DATA.

Shandong Chenming Paper Sees Q3, 9-Month Net Profit Down Y/Y

Tuesday, 8 Oct 2019

Oct 8 (Reuters) - Shandong Chenming Paper Holdings Ltd <000488.SZ>1812.HK::SAYS IT SEES 9-MONTH NET PROFIT DOWN 56-60% Y/Y FROM 2.5 BILLION YUAN ($350.21 million) YEAR EARLIER.SAYS IT SEES Q3 NET PROFIT DOWN 14-28% Y/Y FROM 696.5 MILLION YUAN YEAR EARLIER.

Neodecortech Prelim. Consolidated Revenue At Sept 30 EUR 101.6 Mln, Up 3.3% YoY

Thursday, 3 Oct 2019

Oct 3 (Reuters) - Neodecortech SpA ::PRELIMINARY CONSOLIDATED REVENUE AT SEPT 30 EUR 101.6 MILLION UP 3.3% YOY.

Domtar Corp Announced It Will Permanently Shut Down Two Of Its Paper Machines

Thursday, 3 Oct 2019

Oct 3 (Reuters) - Domtar Corp ::DOMTAR CORP - ANNOUNCED IT WILL PERMANENTLY SHUT DOWN TWO OF ITS PAPER MACHINES.DOMTAR CORP - CLOSURE WILL RESULT IN AGGREGATE PRE-TAX CHARGE TO EARNINGS OF ABOUT $39 MILLION.DOMTAR CORP - OF ESTIMATED TOTAL PRE-TAX CHARGE, $37 MILLION IS EXPECTED TO BE RECOGNIZED IN Q3 OF 2019.DOMTAR CORP - OF ESTIMATED TOTAL PRE-TAX CHARGE, $2 MILLION IS EXPECTED TO BE INCURRED IN Q4 OF 2019.

Domtar To Reduce Papermaking Capacity At Two Mills

Thursday, 3 Oct 2019

Oct 3 (Reuters) - Domtar Corp ::DOMTAR TO REDUCE PAPERMAKING CAPACITY AT TWO MILLS.DOMTAR CORP - WILL PERMANENTLY SHUT DOWN TWO OF ITS PAPER MACHINES..DOMTAR CORP - CLOSURES WILL TAKE PLACE AT ASHDOWN, ARKANSAS PULP AND PAPER MILL, AND PORT HURON, MICHIGAN PAPER MILL.DOMTAR CORP - MEASURES WILL REDUCE COMPANY'S ANNUAL UNCOATED FREESHEET PAPER CAPACITY BY APPROXIMATELY 204,000 SHORT TONS.DOMTAR CORP - MEASURES WILL RESULT IN A WORKFORCE REDUCTION OF APPROXIMATELY 100 EMPLOYEES.DOMTAR CORP - CLOSURE OF ASHDOWN PAPER MACHINE WILL BE EFFECTIVE IMMEDIATELY.DOMTAR CORP - CLOSURE OF PORT HURON MACHINE BY MID-NOVEMBER.DOMTAR - BELIEVE ACTIONS ARE NECESSARY IN LIGHT OF DECLINING MARKET FOR UNCOATED FREESHEET PAPER.DOMTAR CORP - ASHDOWN MILL WILL CONTINUE TO OPERATE ONE PAPER MACHINE WITH AN ANNUAL UNCOATED FREESHEET PAPER PRODUCTION CAPACITY OF 200,000 SHORT TONS.DOMTAR CORP - ASHDOWN MILL WILL PRODUCE AN INCREMENTAL 70,000 ADMT OF SOFTWOOD AND FLUFF PULP, WHICH WILL RAMP UP OVER NEXT 12 MONTHS.

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