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Canfor posts slumping sales in 2001

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Published in issue 13/2002
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For the past business year, Vancouver/British Columbia-based Canadian timber group Canfor Corporation posted total sales of C$1.98bn (2.26bn). Canfor’s operating profit had reduced markedly to C$62.5m (263.6m). This drop in sales and results has been caused primarily by the cuts in production during the third and ...

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