Keweenaw Land Association, Limited reported earnings results for the fourth quarter and full year ended December 31, 2016. For the quarter, the company reported net income of $229,485, or $0.18 per share, compared to $320,523, or $0.25 per share, in the fourth quarter of 2015. The company also reported timber sales of $3,153,097 for the quarter, up $64,233, or 2%, from the $3,088,864 that the company reported in the comparable period in 2015. EBITDA Timber Operations Income for the fourth quarter was $482,616, compared to $841,386 in the same period in 2015. For 2016, the company recognized year-to-date net income of $698,682, or $0.54 per share, versus $1,155,839 year-to-date in 2015, or $0.89 a share, a decrease of 40%. Timber sales for the year were $10,911,462, versus $11,283,793 in 2015, down 3%. EBITDA Timber Operations Income was $1,729,239, down 36% over the $2,686,387 reported in 2015.