Keweenaw Land Association, Limited reported timber sales of $3 million for the 4Q ended December 31, 2014, compared to $2.3 million from the same period in 2013.

Stehendes Holz

Keweenaw Land Association reported 4Q timber sales of $3 million

Jan 23, 2015. /Lesprom Network/. Keweenaw Land Association, Limited reported timber sales of $3 million for the 4Q ended December 31, 2014, compared to $2.3 million from the same period in 2013. 

Income from other sources during the quarter totaled $155,234, compared to $287,812 in the 4Q 2013. Net income for the quarter totaled $438,669, or $0.34 per share, versus $292,453, or $0.23 per share, in the 4Q 2013.

Keweenaw recognized year-to-date net income of $855,860, or $0.66 per share, versus $706,142 year-to-date in 2013, or $0.55 a share.

Keweenaw Land Association, Limited is a forest products and land management company located in Ironwood, Michigan. Keweenaw has land holdings of approximately 168,000 surface acres and over 400,000 acres of mineral rights, located predominantly in the western Upper Peninsula of Michigan.