Maui Land & Pineapple Company, Inc. Reports Fiscal 2022 Results
Retrieved on:
Thursday, March 23, 2023
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 .