Canada-based Ainsworth Lumber Co Ltd has reported a net loss of C$59.2m for the third quarter of 2011, compared to a net income of C$10.4m for the same quarter of 2010.
The company has reported net sales of C$71.8m for the third quarter ended on September 30, compared to C$81.1m for the same period of 2010.
Ainsworth reported adjusted EBITDA from continuing operations of C$0.7m for the third quarter ended September 30, compared to C$9.8m for the same period in 2010.
The company has reported a net income of C$5.5m for the first nine months of 2011, compared to C$9m for the same period of 2010.
It has reported net sales of C$223.8m for the nine months ended on September 30, compared to C$274.5m for the corresponding period of 2010.
Year-to-date adjusted EBITDA from continuing operations was C$9.8m compared to C$61m for the first nine months of 2010.