ML Macadamia Orchards L.P. said it swung to a profit from a year-earlier loss as it benefited from a good crop and higher nut prices along with a crop insurance recovery.

The Hilo-based partnership said net income totaled $886,000, or 12 cents per Class A unit in the three months ended Sept. 30.

That compared to a loss of $436,000, or six cents per Class A unit, a year earlier.

The profit came as nut revenues more than doubled to $4.6 million from $2 million a year earlier, reflecting a better crop that allowed earlier harvests, along with higher nut prices. The third-quarter harvest of 6.8 million pounds was almost three-quarters more than a year earlier.

The partnership said it also benefited from $886,000 for a crop insurance recovery.

ML Macadamia also reported the New York Stock Exchange may delist its Class A units because it hadn't met a listing criteria of having at least $25 million market capitalization on a 30 trading-day average.

ML Nut's Class A units rose 1 cent to $2.40 in regular trading. It reported its results in a regulatory document that was filed after the close of trading.