Maui Land & Pineapple Reports 2018 Net Income of $0.6 Million
Maui Land & Pineapple Company, Inc. (MLP)
US:NYSE Investor Relations:
zillow.com/maui-county-hi/land
Company Research
Source: GlobeNewswire
KAPALUA RESORT, Hawaii, Feb. 20, 2019 (GLOBE NEWSWIRE) -- Maui Land & Pineapple Company, Inc. (NYSE: MLP) reported net income of $0.6 million, or $0.03 per share, for 2018. This compares to net income of $10.9 million, or $0.57 per share, for 2017. The Company reported revenues of $11.0 million and $24.4 million for 2018 and 2017, respectively. For the fourth quarter of 2018, the Company recognized net income of $3.7 million or $0.19 per share. For the fourth quarter of 2017, the Company recognized a net loss of $0.9 million or $(0.05) per share. Operating revenues totaled $2.7 million and $2.5 million during the fourth quarters of 2018 and 2017, respectively. The Company did not have any real estate asset sales during the fourth quarters of 2018 and 2017. During the fourth quarter of 2018, the Company recorded an income tax benefit of $5.0 million for unused Alternative Minimum Tax credit carryforwards which will be refunded under the Tax Cuts and Jobs Act of 2017. Additional
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News
- Investors in Maui Land & Pineapple Company (NYSE:MLP) have seen notable returns of 76% over the past three years [Yahoo! Finance]Yahoo! Finance
- Maui Land & Pineapple Company, Inc. (NYSE: MLP) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Maui Land & Pineapple Company Full Year 2023 Earnings: US$0.15 loss per share (vs US$0.092 profit in FY 2022) [Yahoo! Finance]Yahoo! Finance
- Maui Land & Pineapple Company Reports Fiscal 2023 Results [Yahoo! Finance]Yahoo! Finance
- Maui Land & Pineapple Company Reports Fiscal 2023 ResultsGlobeNewswire
MLP
Sec Filings
- 4/3/24 - Form 4
- 4/3/24 - Form 4
- 3/28/24 - Form 8-K
- MLP's page on the SEC website