Fortress Paper reports net quarterly income of $12.5 million:
Fortress Paper Ltd. is reporting a net income of $12.5 million in their second quarter of 2012.This can be compared to a net loss of $10.5 million in the first quarter, and a net income of $2.9 million in the second quarter of last year.
The much improved current period result was primarily due to the gain realized on the sale of certain non-core assets in the Security Paper Products Segment.
