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Feb 23, 2023

Acadian Sees Fourth Quarter Gains

Acadian Timber Corp. had a net profit of $22 million for the fourth quarter of 2022 versus $6.5 million in the fourth quarter of 2021. Gross sales were $23.8 million in the quarter, compared to $25.9 million in the year-ago period. By segment, hardwood had sales of $60.8 million versus $51.8 in the prior-year period. Softwood and biomass were relatively flat when compared to fourth quarter sales in 2021.

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