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Annual Report: Western Forest Products Net Profit up 27.8% Corporate Wire Date: 03 March 2017 04:58 EST
Mar 3, 2017 - News Bites Canadian Markets

CANADIAN RESULTS

Western Forest Products (TSX:WEF) reported net profit for the year-ended 31 December 2016 of CAD94.2m ($US70.1m), up 27.8% from CAD73.7m ($US53.1m) in the previous year.

Financial statements as reported

(In CAD Million, except per share data and shares outstanding)

Balance SheetDescriptionCAD MillionCAD MillionDec 3120162015Change %AssetsCurrent assets:Cash and cash equivalents199.4Up 102.1Trade and other receivables10775Up 42.7Trade and other receivable

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