Frp holdings, inc. (nasdaq: frph) announces results for the third quarter and nine months ended september 30, 2023

Jacksonville, fla., nov. 08, 2023 (globe newswire) -- frp holdings, inc. (nasdaq-frph) – third quarter operational highlights (compared to the same quarter last year) 29.5% increase in pro-rata noi ($8.09 million vs $6.24 million) mining royalty revenue increased 24.7%; 19.2% increase in royalties per ton 54.2% increase in asset management revenue; 58.2% increase in asset management noi third quarter consolidated results of operations net income for the third quarter of 2023 was $1,259,000 or $.13 per share versus $480,000 or $.05 per share in the same period last year.
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