Apr 20, 2016. /Lesprom Network/. Keweenaw Land Association, Limited announced 1Q earnings for the period ending March 31, 2016. The company reported net income of $250,632, compared to $142,833 in the 1Q 2015.

EBITDA for the quarter was $492,358, up $133,854, or 37%, from $358,504 in the same period last year.

Company log sales were $3.2 million for the quarter, up $172,896, or 6%, from the $3 million reported in the comparable period in 2015.

Keweenaw also reported EBITDA Timber Operations Income of $647,755 for the 1Q, up $64,925, or 11%, compared to $582,830 in the same period in 2015.

Keweenaw is a forest products and land management company located in Ironwood, Michigan.