5 million, comprised of $600,000 from the sale of one million pounds of macadamia nuts
(wet-in-shell) and $923,000 of contract farming revenue.
Income Statements (In Thousands, Except Per Unit Data) Three Months Ended Twelve Months Ended December 31, December 31, 1997 1996 1997 1996 Macadamia nut
sales $6,809 $6,900 $12,128 $13,216 Cost of goods sold 5,369 3,973 9,507 9,269 Gross income 1,440 2,927 2,621 3,947 Administrative costs 268 246 961 914 Operating income 1,172 2,681 1,660 3,033 Interest income (expense) 42 (1) 171 --
Hawaii-based Mauna Loa Macadamia Nut
Corporation, the world's largest grower, processor, and marketer of macadamia nut
products, and Progressive Distribution Services, Inc.
production from the company's owned and leased orchards was 15.
NYSE:NUT) announced today that its Class A unitholders voted at a Special Meeting held March 10, 2008 to approve the company's proposal to amend the Partnership Agreement to allow processing and marketing of macadamia nuts
Mauna Loa Macadamia Nuts
represent one of the greatest treasures of Hawaii," commented Ramona Cappello, Senior Vice President of Marketing.
As evidence, macadamia nut
oil is the richest source of palmitoleic acid -- a monounsaturated fatty acid that studies indicate helps lower cholesterol levels, aid in fat metabolism and reduce stored body fat.
MacFarms of Hawaii, an international leader in the macadamia nut
industry, maintains one of the world's largest single macadamia nut
orchards with nearly 4,000 acres on the South Kona coast of the Big Island of Hawaii.
The additional crop that will be purchased by Mauna Loa under the addendum includes 6 million pounds of production currently under contract to Hamakua Macadamia Nut
Company ("Hamakua") which Hamakua has refused to purchase.
The macadamia nut
industry has resigned Korea Air Vice President Heather Cho to thank for because her air rage over being served the nuts in a plastic bag instead of a plate saw a large increase in demand for the controversial nut in South Korea.
Exit holes of Dorisiana viridis nymphs in the soil in a macadamia nut
orchard in Jaboticabal, Sao Paulo State, Brazil.
Now available nationwide and online, Royal Hawaiian Orchards introduces five perfectly seasoned macadamia nut
flavors and seven fruit and macadamia nut