CONIFEX TIMBER INC.

Conifex Timber reported a net loss of CAD 9.5 million (‑CAD 0.23 per share) for the second quarter of 2026 on revenue of CAD 23.0 million; the EBITDA loss narrowed to CAD 6.3 million. The company reduced production to preserve liquidity, operated on a single shift, and disclosed tariff deposits of USD 49.4 million that weigh on liquidity. Management is targeting positive EBITDA at the Mackenzie site in 2027, provided financing is secured, tariffs decline and production is ramped up. Additional measures include a CAD 15.3 million capital program and discussions with lenders and government funding agencies; no financing guarantee is in place. » Más en de.investing.com

Conifex Timber recorded a net loss of CAD 9.4 million in Q1 2026 (EPS -0.23) on revenue of CAD 21.8 million and an EBITDA loss of CAD 7.7 million. Operational curtailments reduced capacity utilization to 36% and combined tariff rates rose to 24.83%, weighing on profitability. The stock fell 4.35% to CAD 0.12 and is trading near its 52‑week low. Management plans to resume two‑shift operations, improve efficiencies and seek government support to return to profitability by the end of 2026. » Más en de.investing.com

Conifex will temporarily idled the sawmill in Mackenzie, British Columbia, from May 19, 2026, for roughly seven weeks and plans to resume production in July 2026. The pause is due to low logs and fibrewood inventories combined with seasonal conditions affecting timber harvesting; felling operations are expected to restart in early June, weather permitting. The shutdown reduces supply by about 25 million board feet. Conifex also announced it will release Q1 2026 results on May 15 and hold a subsequent conference call, and it is reviewing expansions to its financing options. » Más en de.investing.com