JACKSONVILLE, Fla., May 08, 2024 (GLOBE NEWSWIRE) -- FRP Holdings, Inc. (NASDAQ-FRPH)—
First Quarter Highlights and Recent Developments
130% increase in Net Income ($1.3 million vs $565,000)22% increase in pro-rata NOI ($8.53 million vs $6.99 million)92% increase in the Multifamily segment’s NOI36% increase in Industrial and Commercial revenue and 47% increase in that segment’s NOIExecutive Summary and Analysis
This quarter represented another meaningful step in the growth of this Company.