April 30 (Reuters) - West Fraser Timber Co Ltd posted a first-quarter loss from continuing operations, hurt by higher costs and lower lumber and pulp prices.
January-March loss from continuing operations was C$16.7 million ($16.9 million), or 39 Canadian cents per share, compared with earnings of C$19.9 million, or 46 Canadian cents per share, a year ago.
Sales fell 1 percent to C$681 million.
There was continued weakness in offshore prices for low-grade spruce-pine-fir (SPF) lumber, the company said in a statement.
Cost of products sold increased about 15 percent to C$495.2 million.
Shares of the company, which has a market value of $1.77 billion, closed at C$43.43 on Monday on the Toronto Stock Exchange.