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Patriot Transportation Holding Inc. said its profit in the fiscal fourth quarter and year jumped, due in large part to sales of investment properties.

The company, which owns Florida Rock & Tank Lines Inc. and some real estate businesses, reported a net income of $7 million in the quarter ended Sept. 30, or 72 cents per share. That compared w1.4 million, or 14 cents a share, in the previous year.

Patriot had $37.1 million in revenue in the quarter. In addition, it saw $6.2 million in gains from investment property sales.

For the full year, income was $15.4 million, or $1.60 a share, compared with $7.8 million, or 82 cents a share.

Operating profit in the transportation segment rose 29.2% in the fourth quarter to $2.5 million. For the year, profit grew 25.1% to $9.4 million.