Fort Myers-based Alico Inc. sees big gains from real estate
Fort Myers-based grower and land manager Alico saw its first-quarter profits soar.
In its fiscal quarter ending Dec. 31, net income rose by more than 386{911ea05452e114f1778c76ca86733b6032c246f8f651bb1f01d12abf04b54efb} over the year, primarily due to the sale of its real estate.
The publicly-traded company — one of the nation’s largest citrus producers —