flemsnopes Friday, 08/07/20 06:13:20 AM Re: None Post # of 72 Hopefully, WFSTF has turned the corner Press Release: Western Announces Second Quarter 2020 Results VANCOUVER, BC, Aug. 6, 2020 /PRNewswire/ - Western Forest Products Inc. (TSX: WEF) ("Western" or the "Company") reported adjusted EBITDA of $29.5 million in the second quarter of 2020. Despite the negative financial impacts and significant uncertainty arising from the novel Coronavirus pandemic ("COVID-19"), Western maintained employment and operating levels, and continued to service customers. Net income of $8.5 million ($0.02 net income per diluted share) was reported for the second quarter of 2020, as compared to net loss of $0.7 million ($nil per diluted share) for the second quarter of 2019 and net loss of $21.0 million ($0.06 net loss per diluted share) in the first quarter of 2020. Second Quarter Highlights: -- Delivered improved second quarter adjusted EBITDA of $29.5 million -- Rebuilt log inventory that had been depleted by a strike -- Restarted operations at the Cowichan Bay sawmill -- Closed with $95.1 million of available liquidity, exceeding ongoing operating capital requirements I am only expressing my personal opinions or repeating public information from SEC filings or media outlets-which may or may not be correct. Do your own investigating before investing!