Maui Land & Pineapple Company Reports Fiscal 2024 Second Quarter Results
Maui Land & Pineapple Company, Inc. (MLP)
US:NYSE Investor Relations:
zillow.com/maui-county-hi/land
Company Research
Source: GlobeNewswire
KAPALUA, Hawaii, Aug. 19, 2024 (GLOBE NEWSWIRE) -- Maui Land & Pineapple Company, Inc. (NYSE: MLP) today reported financial results covering the six month period ended June 30, 2024. “Maui Land & Pineapple Company’s mid-year results reflect positive momentum as we activate our vast portfolio of prime assets into productive use, thus supporting improved economic stability for the company and value creation for shareholders. With our mission of meeting the critical needs of our Maui community, combined with a profound sense of urgency, our team is focused on supporting local businesses and improving the quality of life on Maui,” said CEO, Race Randle. Second Quarter 2024 Highlights Strategic investments to reposition our commercial centers with a focus on supporting businesses impacted by the August 2023 Maui wildfires has contributed to a 24% increase in commercial real estate occupancy over the past year. Due to this improved occupancy, recent land sales of non-strategic parcels,
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