A&B’s income fell 67% last year
Alexander & Baldwin Inc.’s net income took a big hit last year, though the drop in the fourth quarter wasn’t as bad as earlier in the year. The Honolulu company yesterday reported earning $44.2 million in 2009, a 67 percent decrease from $132.4 million in 2008. Revenue fell to $1.4 billion from $1.9 billion.
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