Conifex Timber (TSE:CFF) has released an update.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Conifex Timber Inc. reported a challenging second quarter with a net loss of $9.7 million, a noticeable decline compared to both the previous quarter and the same period last year. The company’s revenue dropped to $31.8 million, and EBITDA fell to negative $7.1 million, reflecting continued operational difficulties.
For further insights into TSE:CFF stock, check out TipRanks’ Stock Analysis page.