Conifex Q2 FY26 net loss widens to $9.5 million; sales drop 32.2% to $23 million
Reuters2026/08/14 12:01By:Reuters
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- Conifex Timber posted a Q2 net loss of $9.5 million, or $0.23 per share, versus a $9.4 million loss in Q1.
- EBITDA was negative $6.3 million, narrowing from negative $7.7 million in the prior quarter.
- Sales rose 5.5% to $23 million from $21.8 million in Q1, led by lumber revenue of $19 million.
- Lumber production fell 35% to 14 million board feet due to a temporary sawmill curtailment starting in May.
- Bridge advances totaled $6.4 million in July; the sawmill curtailment continued beyond the initial seven-week plan.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Conifex Timber Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608140800PRIMZONECNPR____9810158) on August 14, 2026, and is solely responsible for the information contained therein.
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