Nov 15, 2010. /Lesprom Network/. Conifex Timber Inc. reported a net loss of $2.9 million for the 3Q 2010 compared to a net loss of $1 million for the 3Q 2009. The net loss for the nine months ended September 30, 2010 was $6.9 million compared to a net loss of $8.1 million for the nine months ended September 30, 2009, company said in a statement received by Lesprom Network. EBITDA was $1.8 million for the 3Q 2010, $0.9 million for the 2Q 2010, and $0.4 for the 3Q 2009. The increase in negative EBITDA for the most recent quarter compared to the prior quarter was mainly due to the higher fixed costs associated with the idled Mackenzie facilities. These costs totalled $1.4 million in the most recent quarter versus $0.3 million in the preceding quarter. Although the company sold certain redundant assets at Mackenzie for proceeds of $2.3 million, the proceeds from the sale were not included in EBITDA for the quarter. Since higher shipments at Fort St. James largely offset the impact of a 17% decline in lumber prices in the most recent quarter compared to the prior quarter, our Fort St. James EBITDA losses were slightly lower in the most recent quarter compared to the prior quarter. The company reported total revenues of $14.5 million for the 3Q 2010 and $39.1 million for the nine months ended September 30, 2010. On a year-to-date basis, approximately 40% of total lumber revenue was derived from sales to export markets, 43% from sales to the U.S. and the remaining 18% from sales to Canada. Conifex Timber and its subsidiaries' primary business includes timber harvesting, reforestation, forest management, sawmilling logs into lumber and wood chips, and value added lumber finishing. Conifex's lumber products are sold in the United States, Chinese, Canadian and Japanese markets. Conifex's sawmill situated in Fort St. James, British Columbia was purchased in August 2008 and commenced operations on a one-shift basis in March 2009. At this mill, Conifex intends to move to a two-shift operation in the first quarter of 2011 upon the completion of a capital expenditure program currently underway. Conifex's sawmills situated in Mackenzie, British Columbia were purchased in June 2010.