Maui Land & Pineapple FY26 first-half net loss narrows to $3.69 million; revenue drops 31.8% to $7.1 million
Reuters2026/08/14 20:35- Maui Land & Pineapple posted a GAAP net loss of $3.69 million, narrowing from $9.64 million a year earlier.
- GAAP revenue fell 31.8% to $7.1 million, reflecting a drop in land development and sales to $492,000.
- Commercial real estate leasing revenue was $3.92 million; occupancy held at 93%.
- Land leasing and management revenue rose to $2.69 million; segment expenses climbed to $3.11 million on maintenance work.
- Non-GAAP adjusted EBITDA swung to a loss of $1.11 million from a profit of $869,000; CEO Race Randle highlighted progress on water-asset sale talks.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Delta Electronics (Thailand)'s Recent Selloff Presents Accumulation Opportunity -- Market Talk
The data center construction boom may increase inflationary pressure, and the Reserve Bank of Australia may be forced to maintain high interest rates.
The data center construction boom in Australia may lead to demand exceeding the supply capacity of the economy, which could push up inflation and force the Reserve Bank of Australia to maintain higher interest rates.
Reliance step-down unit Roptonal dissolves in Cyprus with effect Aug. 18, 2026
Crypto prices
More
