Posted AT 11:38 AM EST on 29/07/08
Catalyst Paper books loss on writedown
VANCOUVER — — Catalyst Paper Corp. has reported a second-quarter net loss of $124.3-million, including a $101-million charge on the closing of its pulp and linerboard operation in Elk Falls, B.C.
Excluding one-time items, Catalyst said Tuesday it lost $22.7-million in the quarter, compared with a year-ago loss of $31.8-million, but had positive cash flow.
The full text of this article has 271 words.
To continue reading this article, you will need to purchase this article.
Already have a member account? Login now
Pay-Per-View Offers To read the complete article, select one of the following options
Purchasing from globeandmail.com is quick and secure.
