Interfor Corporation reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was CAD 871.8 million compared to CAD 1,389.1 million a year ago. Net loss was CAD 14.1 million compared to net income of CAD 269.9 million a year ago. Basic loss per share from continuing operations was CAD 0.27 compared to basic earnings per share from continuing operations of CAD 4.92 a year ago. Diluted loss per share from continuing operations was CAD 0.27 compared to diluted earnings per share from continuing operations of CAD 4.9 a year ago.
For the six months, sales was CAD 1,701.7 million compared to CAD 2,738.1 million a year ago. Net loss was CAD 55.4 million compared to net income of CAD 666.9 million a year ago. Basic loss per share from continuing operations was CAD 1.08 compared to basic earnings per share from continuing operations of CAD 11.68 a year ago. Diluted loss per share from continuing operations was CAD 1.08 compared to diluted earnings per share from continuing operations of CAD 11.64 a year ago.