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Maui Land & Pineapple Company, Inc. Full Year Loss Widens

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Maui Land & Pineapple Company, Inc. (MLP) announced Loss for its full year of -$10.579 million

The company's bottom line totaled -$10.579 million, or -$0.54 per share. This compares with -$7.391 million, or -$0.38 per share, last year.

The company's revenue for the period rose 68.2% to $19.457 million from $11.565 million last year.

Maui Land & Pineapple Company, Inc. earnings at a glance (GAAP) :

-Earnings: -$10.579 Mln. vs. -$7.391 Mln. last year.
-EPS: -$0.54 vs. -$0.38 last year.
-Revenue: $19.457 Mln vs. $11.565 Mln last year.

This wider annual net loss was mainly due to the GAAP recognition of $6.9 million in pension expenses related to the termination of the qualified pension plan on September 30, 2025, of which $6.6 million was non-cash.

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