Sugar sales sweeten bottom line at A&B

Third-quarter earnings rose $9 million, fueled by income from the firm’s sugar plantation on Maui

By Andrew Gomes

POSTED: 01:30 a.m. HST, Nov 09, 2012

~~<p>Alexander & Baldwin Inc. tripled its profit in the third quarter, primarily due to the timing of a bulk sugar shipment by subsidiary Hawaiian Commercial & Sugar Co.</p>
<p>Honolulu-based A&B announced Thursday that it earned $13.4 million in the July-September period, up from $4.4 million in the same quarter last year.</p>
~~

Alexander & Baldwin Inc. tripled its profit in the third quarter, primarily due to the timing of a bulk sugar shipment by subsidiary Hawaiian Commercial & Sugar Co.

Honolulu-based A&B announced Thursday that it earned $13.4 million in the July-September period, up from $4.4 million in the same quarter last year. Login for more...