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FRP Holdings Records $165,000 Q3 Loss as Pro Rata NOI Falls 5%

The company posted net income in the year-earlier quarter, while pro rata NOI declined to $9 million.

Late-afternoon light falls across a modern commercial property entrance / TokenPost.ai
Late-afternoon light falls across a modern commercial property entrance / TokenPost.ai

FRP Holdings reported a third-quarter net loss attributable to the company of $165,000, or $0.01 per share. The result compares with net income of $662,000, or $0.03 per share, in the same quarter a year earlier.

Pro rata NOI was $9 million, down 5% from $9.5 million in the year-earlier quarter.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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