Jul 27, 2009. The second quarter of 2009 was highlighted by a continued focus on cost control, working capital management and cash conservation in light of continued adverse market conditions. NBSK pulp US dollar list prices decreased further in the quarter and when combined with the stronger Canadian dollar represented a 10% decrease of list price in Canadian dollar terms.
Canfor Pulp Limited Partnership reports quarterly net income of $1.5 million
Jul 27, 2009. /Lesprom Network/. Canfor Pulp Limited Partnership has posted their second quarter results of $1.5 million on sales of $205.0 million, as reported by ForestTalk.
That compares to sales of $212.6 million and a net income of $18.2 million for the same period a year ago.
The second quarter of 2009 was highlighted by a continued focus on cost control, working capital management and cash conservation in light of continued adverse market conditions. NBSK pulp US dollar list prices decreased further in the quarter and when combined with the stronger Canadian dollar represented a 10% decrease of list price in Canadian dollar terms.
