Interfor Corporation reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was CAD 828.1 million compared to CAD 1,035.6 million a year ago. Net loss was CAD 42.4 million compared to net income of CAD 3.5 million a year ago. Basic loss per share from continuing operations was CAD 0.82 compared to basic earnings per share from continuing operations of CAD 0.06 a year ago. Diluted loss per share from continuing operations was CAD 0.82 compared to diluted earnings per share from continuing operations of CAD 0.06 a year ago.
For the nine months, sales was CAD 2,529.8 million compared to CAD 3,773.7 million a year ago. Net loss was CAD 97.8 million compared to net income of CAD 670.4 million a year ago. Basic loss per share from continuing operations was CAD 1.9 compared to basic earnings per share from continuing operations of CAD 11.95 a year ago. Diluted loss per share from continuing operations was CAD 1.9 compared to diluted earnings per share from continuing operations of CAD 11.91 a year ago.