trending Market Intelligence /marketintelligence/en/news-insights/trending/hUYPGFCrbyWyzYIoaeOX8w2 content esgSubNav
In This List

Royal Hawaiian Orchards swings to loss in Q2

Podcast

MediaTalk | Season 2 | Ep. 29 - Streaming Services, Linear Networks Kick Off 2024/25 NFL Showdown

Blog

Banking Essentials Newsletter: September 4th Edition

Blog

Getting an Edge with Services: Driving optimization by embracing technological innovation

Case Study

Top Japanese Investment Bank Boosts Sustainable Solutions with a Robust Climate Scenario Analysis Framework


Royal Hawaiian Orchards swings to loss in Q2

Royal Hawaiian Orchards L.P. said its normalized net income for the second quarter was a loss of $271,250, compared with income of $70,630 in the prior-year period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin fell to negative 4.5% from 1.4% in the year-earlier period.

Total revenue climbed 19.5% on an annual basis to $6.1 million from $5.1 million, and total operating expenses climbed 31.3% year over year to $6.3 million from $4.8 million.

Reported net income came to a loss of $497,000, or a loss of 4 cents per share, compared to income of $71,000, or 1 cents per share, in the year-earlier period.