06:20 AM EST, 03/06/2026 (MT Newswires) -- Canfor Pulp Products ( CFPUF ) late on Thursday reported that it swung to a net loss year over year in the fourth quarter of 2025.

Net loss came in at C$133.6 million, or a loss of $2.05 per share, swinging from an income of $2.9 million, or $0.04 per share.

Sales were $140.2 million, down from $163.1 million. Adjusted operating loss was $28.1 million, swinging from an income of $4.1 million.

An asset write-down and impairment charge of $106.5 million was recorded in the fourth quarter of 2025. The company cited a prolonged weakness in global pulp markets and persistent challenges accessing economically viable fibre.

Pulp production was 103,000 tonnes, down 4% from the third quarter of 2025, mainly due to a scheduled maintenance outage at the Northwood NBSK pulp mill and a delay in its restart.

"The company faced another extremely challenging quarter, as ongoing global economic uncertainty weighed heavily on softwood pulp market conditions," said Canfor President and Chief Executive Officer Stephen Mackie.