Vancouver, 24 July 2009 (PRNewswire-FirstCall) – In spite of very bad business conditions, TimberWest continue to manage its business by reducing the costs and keeping the value on long term. Very weak intern and extern markets in wood industry determined the low level of the incoming obtained from sales and harvest. Log’s sales volume was reduced by 41% in second semester of 2009, comparing to the same period of 2008, wood cutting being reduced by 56%, This fact, among with other facts like the diminution of prices which is the largest of all time, made that the level of the incomings from sales to be at on third of normal level.
Source: http://www.risiinfo.com |