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Canfor Pulp Products Inc T.CFX

Alternate Symbol(s):  CFPUF

Canfor Pulp Products Inc. is a Canada-based global supplier of pulp and paper products with operations in the central interior of British Columbia (BC). The Company operates through two segments: pulp and paper. The pulp segment includes purchase of residual fiber, and production and sale of pulp products, including Northern Bleached Softwood Kraft (NBSK) pulp and Bleached Chemi-Thermo Mechanical Pulp (BCTMP), as well as energy revenues. The paper segment includes production and sale of paper products, including bleached, unbleached, and colored paper. Its products under the solid wood category include dimension lumber, specialty lumber, and engineered wood products. It produces green energy in its lumber and pulp facilities across North America. The Company owns and operates three mills in Prince George, BC with a total capacity of about 780,000 tons of Premium Reinforcing Northern Bleached Softwood Kraft (NBSK) Pulp and 140,000 tons of kraft paper.


TSX:CFX - Post by User

Post by carbideon Oct 19, 2023 12:33am
240 Views
Post# 35690254

CFX financials

CFX financialsHas been at breakeven for years.  $500m share capital, $100m accumulated deficit.  It did pay special dividends in the past, about $150m in 2018 and $100m in 2015.  Otherwise little return.  Amazing how far it's fallen from $27 in 2018.  It's a deep cyclical.  Maybe now is the time for the parent to gobble it up.  As someone said, it's opportunistic, and would likely be the minority's loss in the fullness of time.  Hard to see when the market will turn.  Currently NBSK quite soft with China malaise.  The market remains oversupplied.
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