Maui Land & Pineapple Reports 1st Quarter 2019 Results
2019年4月25日 - 12:00PM
Maui Land & Pineapple Company, Inc. (NYSE: MLP) reported a net
loss of $1.1 million, or $(0.06) per share, for the first quarter
of 2019, compared to a net loss of $1.0 million, or $(0.05) per
share, for the first quarter of 2018. The Company reported
revenues of $2.8 million and $2.5 million during the first quarters
of 2019 and 2018, respectively.
The Company did not have any sales of real estate assets during
the first quarters of 2019 and 2018.
Additional Information
Additional information with respect to Maui Land & Pineapple
Company, Inc. and our 1st quarter 2019 operating results will be
available on our Form 10-Q filed with the Securities and Exchange
Commission and our website www.mauiland.com.
About Maui Land & Pineapple Company,
Inc.
Maui Land & Pineapple Company, Inc. develops, sells, and
manages residential, resort, commercial, and industrial real
estate. The Company owns approximately 23,000 acres of land
on Maui and manages properties, utilities, and a nature preserve at
the Kapalua Resort.
|
MAUI LAND & PINEAPPLE COMPANY, INC. AND
SUBSIDIARIES |
|
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND
COMPREHENSIVE LOSS |
|
(UNAUDITED) |
| |
|
|
|
|
|
|
|
|
|
Three
Months Ended March 31, |
|
|
2019 |
|
2018 |
| |
|
|
|
| |
(in thousands
except |
| |
per share
amounts) |
| OPERATING REVENUES |
|
|
|
|
|
|
|
| Real estate |
$ |
157 |
|
|
$ |
36 |
|
| Leasing |
|
1,677 |
|
|
|
1,495 |
|
| Utilities |
|
748 |
|
|
|
704 |
|
| Resort amenities and
other |
|
261 |
|
|
|
307 |
|
| Total
operating revenues |
|
2,843 |
|
|
|
2,542 |
|
| |
|
|
|
|
|
|
|
| OPERATING COSTS AND
EXPENSES |
|
|
|
|
|
|
|
| Real estate |
|
264 |
|
|
|
66 |
|
| Leasing |
|
568 |
|
|
|
578 |
|
| Utilities |
|
601 |
|
|
|
521 |
|
| Resort amenities and
other |
|
311 |
|
|
|
353 |
|
| General and
administrative |
|
864 |
|
|
|
831 |
|
| Share-based
compensation |
|
598 |
|
|
|
579 |
|
| Depreciation |
|
432 |
|
|
|
439 |
|
| Total
operating costs and expenses |
|
3,638 |
|
|
|
3,367 |
|
| |
|
|
|
|
|
|
|
| OPERATING LOSS |
|
(795 |
) |
|
|
(825 |
) |
| Pension and other
post-retirement expenses |
|
(253 |
) |
|
|
(102 |
) |
| Interest expense |
|
(47 |
) |
|
|
(37 |
) |
| NET LOSS |
$ |
(1,095 |
) |
|
$ |
(964 |
) |
| Pension, net of income
taxes of $0 |
|
211 |
|
|
|
185 |
|
| COMPREHENSIVE LOSS |
$ |
(884 |
) |
|
$ |
(779 |
) |
| |
|
|
|
|
|
|
|
| NET LOSS PER COMMON
SHARE |
|
|
|
|
|
|
|
| --BASIC AND DILUTED |
$ |
(0.06 |
) |
|
$ |
(0.05 |
) |
| |
|
|
|
|
|
|
|
Contact:Tim T. Esaki(808)
665-5480tesaki@mlpmaui.com
Maui Land and Pineapple (NYSE:MLP)
過去 株価チャート
から 9 2024 まで 10 2024
Maui Land and Pineapple (NYSE:MLP)
過去 株価チャート
から 10 2023 まで 10 2024
