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Article: PACIFIC FOREST RELEASES FOURTH QUARTER AND TWELVE MONTHS' EARNINGS PACIFIC FOREST RELEASES FOURTH QUARTER AND TWELVE MONTHS' EARNINGS.
- Article from:
- Business Wire
- Article date:
- January 24, 1995
CopyrightCOPYRIGHT 1995 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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VANCOUVER, BC--(BUSINESS WIRE)--JANUARY 24, 1995--PACIFIC FOREST PRODUCT (TSE,ME,VSE:PFF) Pacific Forest Products Limited ("Pacific") today reported net earnings attributable to common shares of $6,267,000 or $0.31 per common share for the fourth quarter of 1994. Operating earnings were $10,817,000 on net sales of $60,387,000.
For the twelve months ended December 31, 1994 net earnings attributable to common shares were $24,051,000 or $1.18 per common share. Operating earnings for the same period were $43,338,000 on net sales of $262,880,000. Comparatives are available only for the five months ended December 31, 1993 as Pacific was formed on July 29, 1993. For this ...