Bullboard - Stock Discussion Forum Western Forest Products Inc WFSTF

Primary Symbol: T.WEF

Forest Products Lumber & Wood Production

Western Forest Products Inc. is a Canada-based integrated forest products company building a margin-focused log and lumber business to compete in global softwood markets. The Company’s primary business is the sale of lumber and logs, which includes timber harvesting, sawmilling logs into specialty lumber, value-added lumber and glulam remanufacturing, and wholesaling purchased lumber. It has a... see more

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TSX:WEF - Post Discussion

Western Forest Products Inc > Q 1 Loss (less than Last Year! ) ;>O

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Post by TimeBuilder on May 04, 2023 9:37am

Q 1 Loss (less than Last Year! ) ;>O

Net Income (Loss)

Net loss was $17.7 million in the first quarter of 2023, as compared to net income of $38.0 million for the same period last year. More challenging macroeconomic conditions resulted in lower lumber demand and prices and impacted results year over year.

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Comment by wideopenthrottl on May 04, 2023 1:34pm

i was surprised to see no share buy backs in the quarter

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Comment by firstgrowth99 on May 04, 2023 2:24pm

WIDEOPEN WHY 8 MILLION TODAY SOMEONE BOUGHT 4 MILLION OTHER DAY NOW 8 MILLION DUMPED?

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Comment by wideopenthrottl on May 04, 2023 9:20pm

sorry caps lock guy....did you read it? I assumed that wef was still buying some but it said none for the quarter ...just a casual observation..not meant to get you yelling..cheers

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Western Forest Products Inc