Record profits for CIRI.
Position | Native - Cook Inlet Region Inc., 2001 - Brief Article - Statistical Data Included |
Cook Inlet Region Inc., an Anchorage-based regional Alaska Native corporation, recently reported it achieved a record $434 million in profit last year, setting a record for Native corporations in the state and shadowing its 2000 profit report of $102 million.
The corporation said profits grew dramatically after it sold off investments in VoiceStream Wireless Corp. and the corporation paid its shareholders two special dividends totaling $65,000 for the typical shareholder holding 100 shares in December 2000 and May 2001.
"There's no doubt that...
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