Keweenaw Land Association, Limited announced 2Q earnings for the period ending June 30, 2017. The company reported a net loss of $273,960, or $0.21 per share, versus net loss of $13,053, or $0.01 per share, in the 2Q 2016.
Keweenaw also reported timber sales of $1.7 million for quarter, down $106,977, or 6%, from the $1.8 million that the company reported in the comparable period in 2016.
Keweenaw also reported EBITDA Timber Operations Income of $14,648 for the 2Q, down $125,718 or 90%, compared to $140,366 in the same period in 2016.
Keweenaw Land Association, Limited, a forest products and land management company, owns and manages mineral rights and timberlands in the United States.
