Pope Resources reported net income of $158,000, or $0.03 per ownership unit, on revenue of $15.9 million for the quarter ended June 30, 2017. This compares to net income of $436,000, or $0.09 per ownership unit, on revenue of $12.7 million for the 2Q 2016, as the company said in the press release received by Lesprom Network.
Net income for the six months ended June 30, 2017 totaled $3.5 million, or $0.80 per ownership unit, on revenue of $33.2 million.
For the six months ended June 30, 2016 Pope Resources reported net loss attributable to unitholders of $599,000, or $0.15 per ownership unit, on revenue of $23.8 million.
Pope Resources, a publicly traded limited partnership, and its subsidiaries Olympic Resource Management and Olympic Property Group, own or manage 210,000 acres of timberland and development property in Washington, Oregon, and California.
