VANCOUVER – West Fraser Timber Co. Ltd. reported a net loss of US$204 million in its third quarter results compared with a net loss of US$83 million during the same period a year earlier.

West Fraser says this amounted to a loss of US$2.63 per diluted share compared to a loss of US$1.03 per diluted share a year earlier.

The Vancouver-based forestry company, which keeps its books in U.S. dollars, says sales during the third quarter came in at US$1.3 billion compared to US$1.43 billion a year earlier.

On an adjusted basis before deductions, the company says it reported a loss of US$144 million, down from US$62 million during the same period last year.

West Fraser CEO Sean McLaren says the company faces a challenging backdrop with supply and demand imbalances for wood building products du

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