Patriot Announces Results for Fiscal Quarter
Patriot Transportation Holding Inc., Jacksonville, Fla., reported net income increased 25.6% to $1,656,000 or $.55 per diluted common share for the first quarter of fiscal year 200
Patriot Transportation Holding Inc., Jacksonville, Fla., reported net income increased 25.6% to $1,656,000 or $.55 per diluted common share for the first quarter of fiscal year 2005
, compared to $1,318,000 or $.44 per diluted common share for the same quarter last year.
For the first quarter of fiscal 2005, consolidated revenues were $31,374,000, an increase of $3,690,000 or 13.3% over the same quarter last year.
Patriot Transportation Holding Inc. is engaged in transportation and real estate. The company's transportation business is conducted through Florida Rock & Tank Lines Inc., which specializes in hauling liquid and dry bulk commodities, and SunBelt Transport Inc., a flatbed carrier hauling primarily construction materials.
The company's real estate group, comprised of FRP Development Corp. and Florida Rock Properties Inc., acquires, constructs, leases, operates and manages land and buildings.
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