Conifex Timber Inc (TSX:CFF)
C$ 0.51 0.01 (2%) Market Cap: 20.61 Mil Enterprise Value: 78.18 Mil PE Ratio: 0 PB Ratio: 0.18 GF Score: 60/100
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Q2 2022 Conifex Timber Inc Earnings Call Transcript

Aug 09, 2022 / 09:00PM GMT
Release Date Price: C$1.8 (-1.10%)
Operator

Good afternoon, ladies and gentlemen. Welcome to the Conifex Timber Inc. Q2 2022 Results Conference Call. I would now like to turn the meeting over to Mr. Ken Shields. Please go ahead.

Kenneth A. Shields
Conifex Timber Inc. - Chairman, CEO & President

Well, thank you, Oscar, and good afternoon, everyone, and welcome to this call covering our second quarter 2022 results. Our CFO, Winny Tang, is here with me today and available to respond to questions that any of you may have following my prepared remarks.

Quickly dealing with a housekeeping item. We will be making forward-looking statements and references to non-IFRS measures and therefore call your attention to the complete warning statements that are set out on Pages 1 and 2 of our MD&A dated August 9 that we released earlier today.

Our second quarter results were consistent with the guidance we provided on our last call when we indicated that the 30% sequential quarterly increase in lumber shipments we were targeting would offset the effect of lower price realizations. We didn't

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