Oct 26, 2011. /Lesprom Network/. Deltic Timber Corporation announced that net income for the 3Q 2011 was $.8 million, compared to $3.3 million in the 3Q 2010. The decrease, when compared to the prior-year period, was primarily due to the sale of a 19-acre commercial real estate tract in the 3Q 2010, while there were no commercial acreage sales in the 2011 period. Net cash provided by operating activities was $6.1 million for 2011’s 3Q, which compares to $12.5 million a year ago, as the company said in a press release received by Lesprom Network. For the first nine months of 2011, net income totaled $2.9 million, compared to $11.1 million for the same period of 2010. Operating activities provided net cash of $14.4 million for the first nine months of 2011 compared to $26.5 million the same period a year ago. Commenting on the results, President and CEO, Ray C. Dillon stated, “While third quarter earnings were lower when compared to a year ago, I am pleased to report profitable financial results for the tenth consecutive quarter. This was achieved despite the continued recession-like economic conditions that exist for forest and building products businesses and residential and commercial real estate development businesses. The Company’s core Woodlands and Mills segments’ assets continue to perform well, even with near-record low prices for pine sawtimber and finished lumber. In the Real Estate segment, we continue to focus on commercial real estate in our Chenal Valley development with the continuation of a depressed residential real estate market.”