Farai Mabeza, Senior Staff Writer 
BORDER Timbers’ lumber production was lower during the months to March 31, 2021, as a result of disruptions in production and logistical bottlenecks caused by the Covid-19 pandemic, the firm said.
Production declined by 26 percent to 39 236 cubic metres (m3) during the period.
The timber milling and manufacturing company, however, reported a pre-tax profit of $67,5 million, compared to a surplus of $7 million achieved in the prior comparative period.
“Demand for lumber remains very high both in the local and export markets,” Border Timbers’ judicial manager, Peter Bailey, said last week in a trading update.
The company’s revenue fell by 28 percent to $1 billion during the period under review, from $1,4 billion in the prior comparable period. Total volumes sold during the period amounted to 43 320 m3, down from 51 508m3.
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