Keweenaw Land Association, Limited announced fourth quarter earnings results for the fourth quarter and year ended December 31, 2015. For the quarter, the company reported net income of $320,523, or $0.25 per share, compared to $438,669 or $0.34 per share, in the fourth quarter of 2014. The company reported timber sales of $3,088,864 up $81,669 or 3%, from the $3,007,195 that the company reported in the comparable period in 2014. EBITDA timber operations income was $841,386 compared to $857,668 in the same period in 2014.

For the year, the company reported net income of $1,155,839 or $0.89 per share, versus $855,860 year-to-date in 2014 or $0.66 a share, an increase of 35%. Timber sales were $11,283,793 versus $9,881,889 in 2014, up 14%. EBITDA timber operations income was $2,686,387 up 37% over the $1,957,035 reported in 2014.