Wood News

Canfor’s profits rise in the fourth quarter; 2013 earnings increase by over $200 million



PORTLAND, OR , Feb. 10, 2014 (RISI) - 

Canfor Corporation reported net income attributable to shareholders of $28.0 million, or $0.20 per share, for the fourth quarter of 2013, compared to $28.4 million, or $0.20 per share, for the third quarter of 2013 and $21.3 million, or $0.15 per share, for the fourth quarter of 2012.

For the year ended December 31, 2013, the Company's shareholder net income was $228.6 million, or $1.61 per share, compared to $26.4 million, or $0.18 per share, reported for 2012.

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