China Housing & Land Dev. (CHLN) Swings to Q3 Loss

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China Housing & Land Development Inc. Announces Third Quarter 2015 Financial Results

November 16, 2015 6:00 AM EST

XI'AN, China, Nov. 16, 2015 /PRNewswire/ -- China Housing & Land Development, Inc. ("China Housing" or the "Company"; NASDAQ: CHLN) today announced its financial results for the quarter ended September 30, 2015.

Third Quarter 2015 Financial Results:

Total revenue in the third quarter of 2015 was $19.7 million compared to $36.2 million in the second quarter of 2015 and $27.7 million in the third quarter of 2014. Total gross floor area ("GFA") sales were 13,996 sq. meters during the third quarter of 2015, compared with 35,939 sq. meters in the second quarter of 2015 and 21,768 sq. meters... More