Patriot Transportation Holding said its fiscal first-quarter profit rose from a year ago.
Net income for the quarter ended Dec. 31 was $3.1 million, or 33 cents a share, up from $2.1 million, or 23 cents, a year earlier.
Revenue rose 8.9% to $33 million, while transportation segment revenue rose $1.8 million to $26.6 million. Its transportation segment’s operating profit rose 24.5%.
Patriot operates tank carrier Florida Rock & Tank Lines and a real estate business.