Updated at 11:33 a.m., Monday, April 30, 2007
A&B earnings fall 34 percent to $24.7M in 1st quarter
Advertiser Staff
Alexander & Baldwin Inc. reported a $24.7 million first-quarter profit, a 34 percent decrease from $37.4 million in profit during the same quarter last year.The company said the lower earnings were principally because of the timing of real estate sales, which were lower during the first three months of this year compared with the same period last year.
