Keweenaw Land Association, Limited reported 3Q net income of $571,046
Keweenaw Land Association, Limited reported 3Q 2015 net income of $571,046, compared to $427,402 in the 3Q 2014. Keweenaw also reported timber sales of $3.6 million for the quarter, up $481,961, or 15%, from the $3.1 million that the company reported in the comparable period in 2014.
ByLesprom Network
Oct 20, 2015. /Lesprom Network/. Keweenaw Land Association, Limited reported 3Q 2015 net income of $571,046, compared to $427,402 in the 3Q 2014. Keweenaw also reported timber sales of $3.6 million for the quarter, up $481,961, or 15%, from the $3.1 million that the company reported in the comparable period in 2014.
EBITDA Timber Operations Income for the 3Q was $1 million compared to $816,591 in the same period in 2014.
Keweenaw Land Association, Limited is a forest products and land management company located in Ironwood, Michigan. Keweenaw has land holdings of approximately 168,000 surface acres and over 400,000 acres of mineral rights, located predominantly in the western Upper Peninsula of Michigan.
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