Pope Resources reported net loss of $2.5 million, or $0.59 per ownership unit, on consolidated revenue of $28.9 million for 4Q 2019. This compares to net loss of $1.7 million, or $0.41 per ownership unit, on consolidated revenue of $22.6 million for 4Q 2018.
Full-year 2019 net income totaled $2.4 million, or $0.52 per ownership unit, on consolidated revenue of $109.9 million. This compares to full-year 2018 net income of $6.8 million, or $1.54 per ownership unit, on consolidated revenue of $103.6 million.
Consolidated cash provided by operations during 4Q 2019 was $7.1 million compared to $9.8 million during 4Q 2018. Full-year 2019 consolidated cash provided by operations was $34.2 million compared to $39.8 million for full-year 2018.
Pope Resources, a publicly traded limited partnership, and its subsidiaries Olympic Resource Management and Olympic Property Group, own or manage 122,000 acres of timberland and 1,500 acres of development property in Washington.
