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.

This article is tagged to:
Sector: Real Estate
Geography: United States