Maui Land & Pineapple posts 3Q profit

Maui Land & Pineapple posts 3Q profit

Credit – Yahoo Finance

LAHAINA, Hawaii (AP) _ Maui Land & Pineapple Co. (MLP) on Wednesday reported third-quarter net income of $2.5 million.

The Lahaina, Hawaii-based company said it had net income of 13 cents per share.

The real estate company posted revenue of $6.1 million in the period.

Maui Land & Pineapple shares have increased 21 percent since the beginning of the year. The stock has risen 28 percent in the last 12 months.

Editor’s Note – Maui Land & Pineapple is the parent company of Kapalua Realty Co. Ltd.

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