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Catalyst Paper has posted a net loss of $12.9 million on sales of $303.6 million in the first quarter of 2011, reflecting a post-holiday season plateau in paper markets. Sales revenues were negatively impacted by the above-par Canadian dollar; however a foreign exchange gain was recorded on the translation of U.S. dollar denominated debt. In [...]
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Catalyst Paper posts net quarterly loss of $12.9 million
Wed 27 Apr 2011 08:00:03 PM EDTCatalyst Paper has posted a net loss of $12.9 million on sales of $303.6 million in the first quarter of 2011, reflecting a post-holiday season plateau in paper markets. Sales revenues were negatively impacted by the above-par Canadian dollar; however a foreign exchange gain was recorded on the translation of U.S. dollar denominated debt. In [...]
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