EACOM Timber Corporation Q2 Net Loss Narrows; Proposed Reconstruction of Timmins mill

By Midnight Trader,  August 20, 2012, 07:50:40 AM EDT

EACOM Timber Corporation (ETR.V) said second quarter net loss attributable to shareholders amounted to $709,000 or $0.00 per common share, against net earnings of $6.35 million or $0.01 per common share in the previous quarter and against a net loss of $13.7 million or $0.03 per common share in the corresponding quarter of 2011. The previous quarter results included a gain of $14.3 million on disposal of property, plant and equipment destroyed by fire. It recorded sales of $65.26 million, down 8% on a year earlier.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

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