Stratus Properties’ Profit Reaches US$800,000 In Q413

News: Stratus Properties' net income attributable to common shareholders reached US$800,000 or US$0.10 per share in Q413, compared with a net loss of US$100,000 or US$0.01 per share in Q412. For full-year 2013 the US real estate firm's net income amounted to US$2.6mn or US$0.32 per share, compared with a net loss of US$1.6mn or US$0.20 per share in 2012. Operating cash flows rose to US$55.9mn in 2013, up from US$21.3mn in the previous year.

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Related sectors of this article: Real Estate
Geography: United States

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