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The Honolulu Advertiser

Posted at 1:28 p.m., Friday, January 25, 2008

Hawaiian Cement owner posts higher profit

Advertiser Staff

MDU Resources Group Inc., the natural resources materials and services company that owns Hawaiian Cement, reported fourth quarter earnings rose to $94.6 million, or 52 cents a share, from $82.4 million, or 45 cents, a year earlier.

The company said it had a record earnings year despite a drop in sales at its construction materials division because of declining housing markets.