Sealaska is making more money.
Southeast Alaska’s regional Native corporation says it brought in almost $312 million during 2012.
That’s close to 20 percent more than the previous year — and the largest amount from the past five years.
The numbers are for total income, also called gross revenues.
Sealaska’s profits, or net revenue, are $11.3 million for 2012.
That’s 40 percent more than 2011. But it’s lower than the previous two years.
The numbers are in Sealaska’s 2012 annual report, which was released Friday. The Juneau-based corporation has about 21,000 shareholders. Corporate officials were not immediately available for comment.
More than half Sealaska’s 2012 gross revenues were in the service sector, including environmental contracting and security.
About a quarter came from manufacturing, mainly plastics factories in the Lower 48 and Mexico.
A little less than a fifth of the overall earnings came from natural resources, including timber and gravel operations. The rest was from investments.
The manufacturing, service and investments had higher profits than the previous year. But natural resource profits dropped. We’ll take a closer look at some of those business sectors in a future report.
- Mayor Greg Fisk was found dead at his home on Kennedy Street earlier this afternoon.
- As a child in Iran, Parisa Elahian was told by school officials she wasn’t equal with other children. "They called us dirty, so they had to separate us from the other kids, so I was in the corner of the class," Elahian said.
- This weekend, crowds showed up in the pouring rain to do their holiday shopping at Juneau’s Public Market, but it wasn’t the only place in town to buy local goods.
- Southeast Alaska biologists had a rare opportunity to watch the hatching of thousands of market squid eggs.