Frp holdings, inc. (nasdaq: frph) announces results for the first quarter ended march 31, 2023

Jacksonville, fla., may 10, 2023 (globe newswire) -- frp holdings, inc. (nasdaq-frph)  first quarter operational highlights 34.9% increase in pro-rata noi ($6.99 million vs $5.18 million) over first quarter 2022 mining royalties had its highest revenue quarter ever for the second quarter in a row; 10.77% increase in royalties per ton 27.5% increase in asset management revenue versus same period last year; 60.6% increase in asset management noi versus first quarter 2022 first quarter consolidated results of operations net income for the first quarter of 2023 was $565,000 or $.06 per share versus $672,000 or $.07 per share in the same period last year.
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