Royal Hawaiian Orchards, L.P. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2013
For the nine months, the company reported total revenue of $6,941,000 against $10,521,000 a year ago. Operating loss was $2,712,000 against $153,000 a year ago. Loss before income taxes was $2,975,000 against $431,000 a year ago. Net loss was $2,996,000 against $509,000 a year ago. Net income per Class A unit was $0.40 against $0.07 a year ago. This was the result of lower production in 2013 as compared to 2012 and investment in our branded product strategy.