Alexander & Baldwin posts $72M loss for 2018


Hawaii real estate company Alexander & Baldwin reported a net loss of $136.6 million, or $1.90 per share, in the fourth quarter, compared to net income of $212.2 million, or $3.42 per share, for the same quarter in 2017.

Honolulu-based Alexander & Baldwin (NYSE: ALEX) posted a net loss of $72 million, or $1.02 per share, for the full year in 2018, compared to net income of $230.1 million, or $4.34 per share, for all of 2017.

The company said the loss was driven by non-cash impairments and noted…

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