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Maui Land & Pineapple posts 1Q profit

LAHAINA, Hawaii (AP) _ Maui Land & Pineapple Co. (MLP) on Friday reported first-quarter net income of $5.8 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Lahaina, Hawaii-based company said it had profit of 31 cents.

The real estate company posted revenue of $9.7 million in the period.

Maui Land & Pineapple shares have climbed 90 percent since the beginning of the year. In the final minutes of trading on Friday, shares hit $13.65, more than doubling in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MLP at https://www.zacks.com/ap/MLP


Keywords: Maui Land & Pineapple, Earnings Report