BBX Capital, Inc. Reports Consolidated Unaudited Earnings Results for the Second Quarter and Six Month Ended June 30, 2021
August 10, 2021 at 04:15 pm EDT
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BBX Capital, Inc. reports consolidated unaudited earnings results for the second quarter and six month ended June 30, 2021. For the quarter, Total revenues were $61,718,000, Operating income were $5,387,000, Income from continuing operations before income taxes were $26,825,000 against Total revenues were $26,604,000, Operating loss were $13,637,000, loss before income taxes were $13,423,000 reported a year ago.
For the six months, Total revenues were $123,593,000, Operating income were $9,531,000, Income from continuing operations before income taxes were $30,281,000 against Total revenues were $74,785,000, Operating loss were $45,111,000, loss from continuing operations before income taxes were $44,032,000 reported 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. 
