Omaopio

Maui Land & Pineapple Company, Inc. Reports Fiscal 2022 Results

Retrieved on: 
Thursday, March 23, 2023
Sale, Security (finance), Annuitant, Form 10-K, Securities and Exchange Commission of Pakistan, Omaopio, Hawaii Route 30, PSA, County, Cryptocurrency

In the fourth quarter of 2022, the Company successfully completed a pension lift-out of approximately 45% of its total pension plan participants.

Key Points: 
  • In the fourth quarter of 2022, the Company successfully completed a pension lift-out of approximately 45% of its total pension plan participants.
  • In May 2022, the Company sold a 646-acre parcel located in Kula, known as Omaopio, in the amount of $9.6 million.
  • Based on these collective 2022 results, total stockholders’ equity increased by $10.3 million to $33.8 million from $23.6 million for the years ended December 31, 2022 and 2021, respectively.
  • Additional information with respect to Maui Land & Pineapple Company, Inc. and our 2022 operating results will be available on our Form 10-K filed with the Securities and Exchange Commission and our website www.mauiland.com .

Maui Land & Pineapple Company, Inc. Reports Fourth Quarter and Fiscal 2021 Results

Retrieved on: 
Tuesday, March 1, 2022
Private Securities Litigation Reform Act, Kapalua Resort, Omaopio, Industry, Name, MLP, Forward-looking statement, Security (finance), Third party, Annual report, U.S. Securities and Exchange Commission, Annuitant, Growth, NYSE, Real estate, Sale, Company, COVID-19, Time, Travel, Risk, New, PSA, Commercial property

The Company anticipates demand for real estate on the island of Maui will remain strong in 2022.

Key Points: 
  • The Company anticipates demand for real estate on the island of Maui will remain strong in 2022.
  • In the fourth quarter of 2021, the Company successfully completed a pension lift-out of 384 plan participants, representing approximately 58% of its total pension plan participants.
  • Additional information with respect to Maui Land & Pineapple Company, Inc. and our 2021 operating results will be available on our Form 10-K filed with the Securities and Exchange Commission and our website www.mauiland.com .
  • About MAUI LAND & PINEAPPLE COMPANY, INC. (NYSE:MLP)
    Maui Land & Pineapple Company, Inc. is a landholding and operating company.