May 5, 2016 / 12:47 PM / a year ago

BRIEF-Conifex Timber q1 earnings per share $1.24

May 5 (Reuters) - Conifex Timber Inc

* Conifex announces first quarter 2016 results

* Q1 earnings per share $1.24

* Revenues totalling $99.5 million in q1 of 2016, up17% over same quarter last year

* Revenue from conifex produced lumber was $57.0 million in q1 of 2016, a decline of 3% from previous quarter

* Currently expect u.s. Market to continue its gradual recovery in both housing and repair and remodelling sectors in 2016

* In 2016, expect sales volume to china to remain similar to q1 2016 levels and anticipate slight improvement in pricing in q2 Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)

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