Canfor Pulp Products Inc. (CPPI) today reported its second quarter of 2023 results.<\/p>\n
The Company reported an operating loss of $37.9 million for the second quarter of 2023, compared to an operating loss of $25.2 million for the first quarter of 2023. After taking into consideration a net $6.9 million inventory write-down in the current period, the Company’s adjusted operating loss was $31.0 million for the second quarter of 2023, compared to an adjusted operating loss of $21.6 million for the first quarter of 2023. These results, for the most part, reflect the impact of substantial global pulp pricing declines in the current quarter driven by elevated global market pulp producer inventory levels and weak global softwood pulp demand.<\/p>\n","protected":false},"excerpt":{"rendered":"
Canfor Pulp Products Inc. (CPPI) today reported its second quarter of \u06f2\u06f0\u06f2\u06f3 results. The Company reported an operating loss of $\u06f3\u06f7.\u06f9 million for the second quarter of \u06f2\u06f0\u06f2\u06f3, compared to an operating loss of $\u06f2\u06f5.\u06f2 million for the first quarter of \u06f2\u06f0\u06f2\u06f3. After taking into consideration a net $\u06f6.\u06f9 million inventory write-down in the current […]\n","protected":false},"author":4,"featured_media":14476,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[131],"tags":[3600,2633,1112,3557,1340,3493,1125,514,3807,3808,662,246,3809,3495,608,3810,525,648,1178,665,1130,666,1518,3811,130,1038,3812,3813,531,3814,3815,2198,1504,1474],"class_list":["post-14475","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world-news","tag-bleached-softwood-kraft-pulp","tag-british-columbia","tag-business","tag-canadian-kraft-paper","tag-canfor-pulp","tag-canfor-pulp-products-inc","tag-corrugate-news","tag-corrugated","tag-cppis-president","tag-declining-global-pulp-market","tag-economy","tag-en","tag-global-pulp-demand","tag-kevin-edgson","tag-kraft-paper","tag-nbsk-pulp-market","tag-packaging","tag-paper-industry","tag-paper-machine","tag-paper-machinery","tag-paper-manufacturer","tag-paper-mill","tag-paper-news","tag-prince-rupert","tag-pulp","tag-pulp-and-paper","tag-pulp-and-paper-products","tag-pulp-market","tag-recycling","tag-slush-pulp","tag-vancouver","tag-waste","tag-waste-paper","tag-world-paper"],"acf":[],"_links":{"self":[{"href":"https:\/\/paw.ir\/index.php?rest_route=\/wp\/v2\/posts\/14475","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/paw.ir\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/paw.ir\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/paw.ir\/index.php?rest_route=\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/paw.ir\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14475"}],"version-history":[{"count":2,"href":"https:\/\/paw.ir\/index.php?rest_route=\/wp\/v2\/posts\/14475\/revisions"}],"predecessor-version":[{"id":14490,"href":"https:\/\/paw.ir\/index.php?rest_route=\/wp\/v2\/posts\/14475\/revisions\/14490"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/paw.ir\/index.php?rest_route=\/wp\/v2\/media\/14476"}],"wp:attachment":[{"href":"https:\/\/paw.ir\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14475"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/paw.ir\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14475"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/paw.ir\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14475"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}