A&B reports $47M profit for Q1

Hawaii’s Alexander & Baldwin posted net income of $47.4 million, or 66 cents per diluted share, for the first quarter, compared to net income of $7 million or 14 cents per diluted share, for the same quarter last year.

Honolulu-based Alexander & Baldwin (NYSE: ALEX) closed on the sale of six Mainland properties during the quarter for a total of $159.2 million, the proceeds of which were used to finance the real estate investment trust’s purchase of three shopping centers from Terramar Retail…

Previous Columbus leaps five spots to become fourth hottest housing market nationwide
Next While in Dallas, Goldman Sachs CEO said he's worried about Trump’s move on Iran deal

No Comment

Leave a reply

Your email address will not be published. Required fields are marked *