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Article: PACIFIC FOREST RELEASES FIRST QUARTER EARNINGS.
- Article from:
- Business Wire
- Article date:
- April 7, 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, British Columbia--(BUSINESS WIRE)--April 7, 1995-- Pacific Forest Product (TSE, ME, VSE: PFF) For the first quarter of 1995, Pacific Forest Products Limited ("Pacific") had net earnings attributable to common shares of $18,208,000, or $0.89 per common share. Operating earnings totalled $31,120,000 on net sales of $108,534,000. For the first quarter of 1994, net earnings attributable to common shares were $5,094,000, or $0.25 per common share. Total operating earnings were $10,161,000 on net sales of $88,880,000.
Effective January 1, 1995, a change was made to include revenue from log and by-product sales in net sales, rather than an offset against cost of ...