Conifex Timber Inc (OTCPK:CFXTF)
$ 0.33 0 (0%) Market Cap: 11.05 Mil Enterprise Value: 57.29 Mil PE Ratio: 0 PB Ratio: 0.16 GF Score: 35/100
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Q3 2022 Conifex Timber Inc Earnings Call Transcript

Nov 08, 2022 / 10:00PM GMT
Release Date Price: $1.18
Operator

Good afternoon, ladies and gentlemen, and welcome to the Conifex Timber Inc. Q3 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 very much, Paul, and good afternoon, everyone, and welcome to our call covering our Q3 results for 2022. CFO, Winny Tang, is next to me here today and available to respond to questions that analysts and shareholders may have following some prepared remarks.

Let's quickly deal with the housekeeping item. We will be making forward-looking statements and references to non-IFRS measures, and therefore, call your attention to the complete warning statement set out on Pages 1 and 2 of the MDA that we released earlier today.

In Q3, we are pleased to report net income of $0.02 per share and EBITDA of $4.2 million was achieved. Our results for the most recent quarter were aided by a $5.7 million reversal of excess duty deposits paid in prior period. And of course, the

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