Feb 06, 2009. /Lesprom.com/. Domtar's net loss for the full year was $573 million or $1.11 per share, compared with net income of $70 million or $0.15 per share in the year-ago period, the company said in a statement received by Lesprom Network. Total sales for the period rose to $6.4 billion from $6 billion reported in the preceding year period. Domtar Corp. reported loss for its 4Q compared with profit in the year-ago quarter, primarily due to impairment and intangible assets charges. The Montreal, Canada-based company's net loss for the 4Q of $676 million or $1.31 per share, compared to a net loss of $26 million or $0.05 per share for the 4Q 2007. In the 4Q the company has realized charges of $387 million related to the impairment and write-down of property, plant and equipment and intangible assets, $321 million related to the impairment of goodwill, $52 million related to a valuation allowance on Canadian deferred income tax assets; closure and restructuring costs of $28 million, partially offset by gain on debt repurchase of $12 million. Excluding items the company lost $20 million or $0.04 per share for the 4Q 2008, compared with earnings of $29 million or $0.06 per share for the 4Q 2007. Sales for the 4Q 2008 amounted to $1.47 billion, down from $1.65 billion in the year ago quarter. Domtar Corporation is the largest integrated manufacturer and marketer of uncoated freesheet paper in North America and the second largest in the world based on production capacity, and is also a manufacturer of papergrade, fluff and specialty pulp.