Jacksonville, Florida; February 3, 2014 – Patriot Transportation Holding, Inc. (NASDAQ-PATR) reported
net income of $2,341,000 or $.24 per diluted share in the first quarter of fiscal 2014, a decrease of
$782,000 or 25.0% compared to net income of $3,123,000 or $.33 per diluted share in the same period last
year. The first quarter of fiscal 2013 included a gain of $681,000 after income taxes on the sale of
First Quarter Operating Results. For the first quarter of fiscal 2014, consolidated revenues were
$38,820,000, an increase of $5,763,000 or 17.4% over the same quarter last year.
this press release to continue reading.