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Maple Leaf Farms sinks into financial woes

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Maple Leaf Farm is now in financial trouble, as the company continues to hemorrhage cash.

The company reported quarterly net loss of $14.4 million on Thursday, compared with $15.7 million in the year-ago quarter.

Maple Leaf said its net loss will be offset by gains from debt restructuring, which will enable it to pay its bondholders.

Maple Leaves shares are down more than 30% in after-hours trading.

Maple leaf farms is in the midst of a $20 million debt restructuring plan, but its stock has lost about 20% in the past year.

Maple leaves farm sank into financial trouble in January when Maple Leaf’s debt fell from $30 million to $18 million.

The farm has been forced to lay off thousands of workers.

Mapleleaf said in a statement Thursday that the company has been unable to access funds to pay bondholders because it lacks sufficient liquidity to meet its obligations.

“We are continuing to focus on improving our liquidity situation and we are focused on addressing the debt situation and achieving a sustainable cash flow,” the company said.

Maple Leafs farm sink The Maple Leaf farms sinking into financial troubles is the latest in a series of financial setbacks for the company.

Last year, Maple Leaf fell into bankruptcy and lost nearly $10 million in revenue, according to an analysis by The Associated Press.

Maple’s farm sank down to $9.5 million in March, and it had to sell its farmland to get back on track.

The business has been struggling for months, and the company lost $4 million in sales in January, according the AP.

Maple has been working to refinance its debt, but the company says it is unable to get financing on the terms offered by lenders.

The stock has fallen about 50% in value this year, and investors have been wary of the company’s future.

Maple said it would continue to invest in its farm and farm equipment, and said it is working to develop new products for the market.

Maple is also facing a lawsuit from a woman who alleges that Maple leaf’s farmers were discriminated against by the company for refusing to sell produce to the Asian market.

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