April 3, 2025
MLP Sees Revenue Surge but Faces Increased Losses in 2024
Maui Land & Pineapple Company Sees Revenue Growth Amid Wider Losses Shares of Maui Land & Pineapple Company, Inc. (MLP) have declined by 1.1% since the announcement of its 2024 financial results. This contrasts with the S&P 500 index, which has experienced a 0.4% gain during the same period. Over the past month, the stock has dropped 11%, in comparison to a 2.7% decline for the S&P 500. Revenue Growth Despite Net Loss For the year ending December 31, 2024, Maui Land & Pineapple reported operating revenues of $11.57 million, indicating a 25% increase from $9.29 million in 2023. This