Article: Arbec Forest Products announces its financial results for the fourth quarter of 2005.

SAINT-LEONARD, QC, March 2 /PRNewswire-FirstCall/ -- Arbec Forest Products Inc. announces a net loss of $6.8 million ($0.10 per share) for its fourth quarter of 2005, compared to a net loss of $1.7 million ($0.02 per share) for the corresponding period in 2004. Net loss for the third quarter of 2005 amounted to $4.8 million ($0.07 per share).

Reference selling prices for lumber expressed in US dollars dropped by 1.3% for random lengths and by 4.1% for stud compared to those that prevailed during the third quarter of 2005. In the course of the quarter, the Canadian dollar improved by 2.4% in comparison with US currency and by 3.5% compared to its level in the ...

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