Patriot’s Fiscal 2Q Income Dips

Patriot Transportation Holding’s fiscal second-quarter net income slipped to $1.64 million, or 17 cents per share, from $1.68 million, or 18 cents, a year ago.

Revenue for the quarter ended March 31 rose 9.7% to $31.3 million. Transportation segment revenue rose $2.4 million to $25.45 million.

Patriot operates tank carrier Florida Rock & Tank Lines and a real estate business.