secwatch.observer — SEC 8-K summary
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Issuer:     MAUI LAND & PINEAPPLE CO INC (MLP)
CIK:        0000063330
Form:       8-K/A
Filed at:   2022-03-02T23:59:59+00:00
Accession:  0001437749-22-004961
Event type: earnings
Sentiment:  negative
Materiality: 0.90
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Maui Land & Pineapple reports Q4 and FY2021 results; net loss widens but revenues increase
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- FY2021 net loss widened to $3.4M ($0.18/share) from $2.6M ($0.14/share) in FY2020.
- FY2021 operating revenues rose to $12.4M, up from $7.5M in the prior year.
- Comprehensive income for FY2021 reached $2.6M ($0.13/share), vs. a loss of $3.5M in FY2020.
- Company completed pension lift-out of 384 participants (51% of plan) with a $4.3M non-cash settlement charge.
- Anticipated sale of Kapalua Central Resort for $40M and Omaopio parcel for $9.7M, closing expected in early 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/63330/000143774922004961/0001437749-22-004961-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/63330/000143774922004961/mlp20220301_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-004961

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