TORONTO — GreenFirst Forest Products announced results for the first quarter ended March 30, 2024. Q1 2024 net loss from continuing operations was $13.4 million compared to net loss of $21.6 million in Q4 2023. Adjusted EBITDA for Q1 2024 was negative $3.5 million compared to negative $18.0 million in Q4 2023. In Q1 2024, this represents a positive contribution from the Company’s lumber operations and a negative contribution from the paper operations and overhead. …“We initially saw some positive momentum in lumber pricing at the start of the first quarter; however, this positive trend reversed at the end of the quarter resulting in curtailments by some of our competitors in the lumber industry,” said Paul Rivett, GreenFirst’s Executive Chair.