Maui Land & Pineapple reports Q3 loss of $1.6M

Maui Land & Pineapple Inc. reported a net loss of $1.6 million, or 9 cents per share, for the third quarter, compared to a net loss of $500,000, or 3 cents per share, for the same quarter last year.

Maui Land & Pineapple (NYSE: MLP) reported total operating revenue of $2.8 million for the quarter, unchanged from a year ago. The net loss for the quarter included a loss of $1.48 million for pensions and other retirement costs, compared to a loss of $243,000 for the same expense in 2017.

The company,…

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