Pope Resources reports 2Q revenue of $28 million

Pope Resourcesreported net income of$2.2 million, or$0.50per ownership unit, on consolidated revenue of$28 million, for Q2 2019. This compares to net income of$199,000, or$0.04per ownership unit, on consolidated revenue of$27.9 million, for Q2 2018, as the company said in the press release received by Lesprom Network.

Pope Resources, a publicly traded limited partnership, and its subsidiariesOlympic Resource ManagementandOlympic Property Group, own and manage 120,000 acres of timberland and 2,000 acres of development property inWashington.