Keweenaw Land Association, Limited Announces 2013 Second Quarter Earnings
22 Julho 2013 - 11:59AM
Business Wire
Keweenaw Land Association, Limited (KEWL: OTC Pink) today
reported timber sales of $638,882 for the second quarter ended June
30, 2013, down $773,980, or 54.8%, from the $1,412,862 that the
company reported in the comparable period in 2012. A Net Loss from
the quarter totaled $332,714, or $0.26 per share, versus Net Income
of $161,730, or $0.12 per share, in the second quarter of 2012. A
comprehensive newsletter detailing operating results is available
on the Company’s website at www.keweenaw.com.
About Keweenaw Land Association, Limited: Keweenaw is a forest
products and land management company located in Ironwood, Michigan.
Keweenaw has land holdings of approximately 162,000 surface acres
and over 400,000 acres of mineral rights, located predominantly in
the western Upper Peninsula of Michigan. Keweenaw shares trade in
the OTC Markets under the Pink directory with 1,294,118 shares
outstanding.
Keweenaw Land Association (PK) (USOTC:KEWL)
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