Kangaroo Island Plantation Timbers Ltd - KPT share price

About Kangaroo Island Plantation Timbers Ltd

Kangaroo Island Plantation Timbers Limited is an Australia-based company, which manages a portfolio of hardwood and softwood forestry plantations, growing on former agricultural land on Kangaroo Island, South Australia. The Company operates through forestry management segment, which primarily involves the management of timber plantations and milling operations. The Company owns approximately 8,000 hectares of productive Kangaroo Island land, approximately half of which is planted with either softwood (radiata pine) or hardwood (eucalyptus globulus and eucalyptus nitens) and over half of which is either cleared or contains native vegetation. The Company also owns Kangaroo Island's only sawmill and owns land at Smith Bay, which is suitable for the development of a log or chip export facility. The Company's subsidiaries include Cineria Pty Ltd and APR Pty Ltd.