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Hilo, Hawaii News, Sports, & Information Friday, July 25, 2014



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Posted: Thursday, May 15th, 2014 10:09 AM HST

Royal Hawaiian Orchards narrows 1Q losses

By 67AM KPUA News

Hawai`is largest grower of macadamia nuts narrowed its first quarter loss from $628,000 a year ago to $253,000 by boosting sales of packaged snack products with nuts it used to sell wholesale.

Hilo-based Royal Hawaiian Orchards LP, said revenue jumped from $2 million a year ago to $3.6 million driven by packaged snack sales of $1.7 million. Raw nut sales rose by $300,000 from last years first quarter to $1.7 million and gross profit from snack products rose by $452,000 during that same year-over-year period.



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