JACKSONVILLE, FL-Florida Rock Industries Inc., one of the major construction materials suppliers in the Southeast, posted record Q2 income of $16.3 million or 56 cents per diluted share, a 32% increase over the $12.3 million or 43 cents per diluted share logged in the comparable period last year. The company’s fiscal quarter ended March 31.

Despite weak demand in the commercial development sector, the 58-year-old, NYSE-traded company finished the quarter strongly, largely due to the sale of two land tracts no longer used in the firm’s general operations. The after-tax gain from the two sales was $1.58 million.

Consolidated total sales for the quarter decreased 4.1% to $163.6 million from $170.6 million last year. Sales in the aggregates and concrete products segments were down.

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