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This figure includes income of USD48m or USD0.46 per share from alternative fuel mixture tax credits for the period of 1 July to 30 September 2009.
Excluding income from alternative fuel mixture tax credits, net income was USD25m or USD0.25 per share, down from net income of USD38m, or USD0.37 per share, in the same quarter last year. This decrease was attributed to the downturn in the economy which lowered containerboard and corrugated products price and mix as well as volume, although the company benefited from lower costs for transportation, energy, recycled fibre and chemicals.
Net sales for the third quarter were USD554m as compared to USD621m in the third quarter of 2008.
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