Honolulu Star-Advertiser

Friday, July 19, 2024 85° Today's Paper


Business

Sugar closure costs consume A&B profit

1/1
Swipe or click to see more

COURTESY ALEXANDER & BALDWIN MAUI

Costs associated with closing the last sugar cane plantation in Hawaii outweighed profits from Alexander Baldwin Inc.’s other operations, resulting in a quarterly loss announced Thursday. A&B said in January that it would shut down Hawaiian Commercial & Sugar Co. on Maui. The final harvest is underway.