Conifex Timber Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CAD 39.94 million compared to CAD 71.82 million a year ago. Net loss was CAD 8.06 million compared to net income of CAD 11.44 million a year ago.

Basic loss per share from continuing operations was CAD 0.2 compared to basic earnings per share from continuing operations of CAD 0.28 a year ago.