PrintAsset impairment charge overshadows Catalyst improved Q3 operational results
Richmond, (BC) – Catalyst Paper (TSX: CTL) posted a net loss of $205.7 million ($0.54 per common share) on sales of $340.3 million during the third quarter of 2011. The net loss was largely due to a $151.0 million impairment charge on the company’s Snowflake facility.
Asset impairment charge overshadows Catalyst improved Q3 operational results
Richmond, (BC) – Catalyst Paper (TSX: CTL) posted a net loss of $205.7 million ($0.54 per common share) on sales of $340.3 million during the third quarter of 2011. The net loss was largely due to a $151.0 million impairment charge on the company’s Snowflake facility.
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