Green Touch Builders | Alexander & Baldwin needs more time to finalize 2014 income statements
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March 3, 2015 By SEO Admin

Alexander & Baldwin needs more time to finalize 2014 income statements

Alexander & Baldwin Inc. said Monday that it needs more time to finalize its financial statements for 2014, and plans to file for an extension for releasing its net income for the year.

Honolulu-based Alexander & Baldwin (NYSE: ALEX) had an operating profit of $147.3 million in 2014, up from $101.4 million the previous year, according to its full-year and fourth quarter earnings report released Monday.

The increase in operating profit reflects an uptick in real estate sales activity, higher leasing…