BBX Capital, Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2021
May 10, 2021 at 04:23 pm EDT
Share
BBX Capital, Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2021. For the quarter, total revenues were $61.9 million against $48.2 million a year ago. Operating income was $4.1 million against loss of $31.5 million a year ago. Net income attributable to shareholders was $2.3 million against loss of $21.9 million a year ago. Diluted earnings per share from continuing operations was $0.12 against loss of $1.10 a year ago.
BBX Capital, Inc. is a diversified holding company. The Company's principal holdings include BBX Capital Real Estate LLC, BBX Sweet Holdings, LLC and Renin Holdings, LLC (Renin). BBX Capital Real Estate LLC is engaged in the acquisition, development, construction, ownership, financing and management of real estate and investments in real estate joint ventures, including investments in multifamily rental apartment communities, single-family master-planned for sale housing communities, warehouse and logistics facilities, and commercial properties located primarily in Florida. BBX Sweet Holdings, LLC is engaged in the ownership and management of operating businesses in the confectionery industry, including ITâSUGAR, a specialty candy retailer. Renin is engaged in the designing, manufacturing and distribution of sliding doors, door systems and hardware, and home decor products. In addition to its own manufacturing activities, Renin also sources various products and raw materials.
BBX CAPITAL, INC. 
