Alaska Native corporation posts record profit
Doyon Ltd., an Alaska Native regional corporation posted a record profit in fiscal year 2006.

The corporation earned $18.9 million on $96.7 million in revenue. It was the 22nd year of profitability, Doyon chief executive Orie Williams said.

Revenues were up 17 percent from 2005, with profits up 36 percent. The news came as shareholders voted to issue new stock to certain descendants and award new stock to elders when they turn 65.

Get the Story:
Doyon to give stock to young and old (The Anchorage Daily News 3/20)
pwlat

Relevant Links:
Doyon Ltd - http://www.doyon.com

This story is tagged under:
ANC
Search
Share this Story!

You are enjoying stories from the Indianz.Com Archive, a collection dating back to 2000. Some outgoing links may no longer work due to age.

All stories in the Indianz.Com Archive are available for publishing via Creative Commons License: Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0)