Conifex Timber (TSE:CFF) has released an update.
Conifex Timber Inc. reported a narrowed net loss of $3.8 million for the third quarter of 2024, improving from a $9.7 million loss in the previous quarter. Despite a negative EBITDA of $3.9 million, the figures show a positive trend compared to the last year’s quarter and the previous quarter. The company’s revenue from lumber and bioenergy witnessed a decline, impacting overall performance.
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