Company News

BRIEF-Conifex announces qtrly ‍net income per share $0.23​

Nov 9 (Reuters) - Conifex Timber Inc

* Conifex announces strong third quarter results

* Conifex Timber Inc - Qtrly net income per share $0.23

* Conifex Timber Inc - Qtrly sales $120.3 million versus $104.1 million

* Conifex Timber Inc - Will initially operate ed mill on a one-shift basis & expect to ramp-up production to about 90% of capacity by dec 2018

* Conifex Timber - Expect that uncertainty around softwood lumber dispute to contribute to further volatility in U.S. market conditions & pricing

* Conifex Timber Inc - Expect lumber demand and pricing to continue to remain solid in chinese and japanese markets through balance of year

* Conifex Timber Inc - Expect further strengthening of WSPF prices early in Q4 of 2017

* Conifex Timber - Through closing months of 2017, expect demand in U.S. and Canadian lumber markets to improve average benchmark Western SPF prices Source text for Eikon: Further company coverage: