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.
- The Juneau Assembly voted 6-3 to reaffirm its commitment to combating climate change. Opponents argued against interjecting into a national debate.
- The Utah man accused of killing his wife aboard a cruise ship in Southeast Alaska is scheduled to appear for an arraignment hearing 10 a.m. Wednesday.
- More than 50 pilots and flight attendants picketed Monday afternoon in front of Ted Stevens International Airport in Anchorage. Their goal was to call on Alaska Airlines management to give them what they view as fairer wages and benefits.
- Alaska Gov. Bill Walker said being unaffiliated has helped him and Lt. Gov. Byron Mallott work on issues without concern about party politics.