China Housing & Land Dev. (CHLN) Swings to Q4 Loss

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China Housing & Land Development Inc. Announces Fourth Quarter 2014 Financial Results

March 30, 2015 7:48 AM EDT

XI'AN, China, March 30, 2015 /PRNewswire/ -- China Housing & Land Development, Inc. ("China Housing" or the "Company") (NASDAQ: CHLN) today announced its financial results for the quarter ended December 31, 2014.

Highlights for Q4 2014: 

Total revenue in the fourth quarter of 2014 was $44.9 million compared to $27.7 million in the third quarter of 2014 and $56.1 million in the fourth quarter of 2013.  Total gross floor area ("GFA") sales were 30,888 sq. meters during the fourth quarter of 2014, compared with 21,768 sq. meters in the third quarter of 2014... More