Conifex Timber reports Q2 results
- BySeeking Alpha-
May 11 (Reuters) - Conifex Timber Inc CFF.TO :* CONIFEX ANNOUNCES FIRST QUARTER 2021 RESULTS* CONIFEX TIMBER INC QTRLY NET EARNINGS WERE $0.10 PER SHARE* CONIFEX TIMBER INC -...
Conifex Timber Inc is a Canada-based company that is mainly engaged in the forest and wood products sector. Its primary business includes timber harvesting, reforestation, forest management, as well as lumber finishing and distribution. Its lumber products are sold in the United States, Chinese, Canadian and Japanese markets. Furthermore, the Company is engaged in bioenergy production through its power generation facility at Mackenzie, British Columbia, Canada. It operates under two business segments: Lumber and Bioenergy. It markets and distributes its lumber products through its subsidiaries: Conifex Fibre Marketing Inc, Lignum Forest Products LLP, and Navcor Transportation Services Inc. The primary activities of the Bioenergy segment are the generation of electrical power and the development of other opportunities in bioenergy and bioproducts, which are complementary to the Company’s harvesting and manufacturing operations.