Domtar flips balance sheet.

• Position: AROUND THE NORTH - Brief Article

Pulp and paper giant Domtar posted earnings of $10 million ($0.04 per common share) for the first quarter of 2005. That's a healthy margin compared to the same time last year when the company lost $44 million, and Q4 of 2004, which cost another $26 million to get through.

Although the business environment was similar to the...