Canfor reports Q2, 2025 net loss of $202.8 million

Canfor Corporation
July 31, 2025
Category: Finance & Economics
Region: Canada, United States, International

VANCOUVER, BC — Canfor Corporation reported its second quarter of 2025 results. The Company reported an operating loss of $251.4 million for the second quarter of 2025, compared to an operating loss of $28.5 million in the first quarter of 2025. After accounting for adjusting items totaling $200.7 million, consisting of an inventory write-down as well as an asset write-down and impairment charge, the Company’s operating loss was $50.7 million for the current quarter. This compares to a similarly adjusted operating loss of $32.2 million in the prior quarter. …Canfor’s CEO, Susan Yurkovich, stated: “While our European operations produced solid earnings this quarter, the North American market continued to experience significant challenges reflecting the impact of sluggish demand and a persistent weak pricing environment. …For our pulp business, our second quarter results were impacted by trade policy uncertainty between China and the US, which slowed pulp purchasing activity and gave rise to climbing pulp producer inventory levels.

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