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BRIEF-Conifex Timber Reports Qtrly Net Earnings Of $0.10 Per Share

Published 2021-05-11, 04:24 p/m
Updated 2021-05-11, 04:30 p/m
© Reuters.

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 - EXPECT TO ACHIEVE ANNUALIZED OPERATING RATES OF ABOUT 96% FOR REMAINDER OF 2021

* CONIFEX TIMBER INC - LIQUIDITY AND FINANCIAL POSITION ARE FORECASTED TO CONTINUE TO STRENGTHEN IN SECOND HALF OF 2021

* CONIFEX TIMBER - REVENUES FROM LUMBER PRODUCTS WERE $40.5 MILLION IN Q1 OF 2021 REPRESENTING AN INCREASE OF 94% FROM Q1 OF 2020

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