Keweenaw Land Association, Limited Announces 2014 First Quarter Earnings
April 21 2014 - 10:00AM
Business Wire
Keweenaw Land Association, Limited (KEWL: OTC Pink) today
reported timber sales of $2,713,806 for the first quarter ended
March 31, 2014, up $43,811, or 1.6%, from the $2,669,995 that the
company reported in the comparable period in 2013. Net Income from
the quarter totaled $131,963, or $0.10 per share, versus net income
of $124,946, or $0.10 per share, in the first quarter of 2013. A
comprehensive quarterly 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 167,000 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 1,295,533 shares
outstanding.
Keweenaw Land Association, LimitedJames J. Simmons, Jr.,
1-906-932-3410Controller/Treasurer
Keweenaw Land Association (PK) (USOTC:KEWL)
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