October 24, 2013 / 12:11 PM / 5 years ago

Domtar results hurt by weak paper and pulp business

TORONTO (Reuters) - Canadian paper and pulp products producer Domtar Corp (UFS.TO) reported a lower third-quarter profit on Thursday, as weakness in its paper and pulp segment offset the impact of a stronger performance from its personal care products business.

The Montreal-based company said its net income in the period fell to $27 million, or 82 cents a share, from $66 million, or $1.84 a share, a year earlier.

Excluding the loss from the sale of a business and other one-time items, the Montreal-based company said its profit in the quarter was $41 million, or $1.25 a share. That compared with a profit of $67 million, or $1.87 a share, a year earlier.

Reporting by Euan Rocha; Editing by Gerald E. McCormick

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below