Xinyuan Real Estate (XIN) Reports Q2 EPS of $0.14

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Xinyuan Real Estate Co., Ltd. Announces Second Quarter 2017 Financial Results

August 11, 2017 6:00 AM EDT

BEIJING, Aug.11, 2017 /PRNewswire/ -- Xinyuan Real Estate Co., Ltd. ("Xinyuan" or the "Company") (NYSE: XIN), an NYSE-listed real estate developer and property manager primarily in China and recently in other countries, today announced its unaudited financial results for the second quarter ended June 30, 2017.

Second Quarter 2017 Highlights

Contract sales increased 54.4% to US$732.4 million from US$474.4 million in the second quarter of 2016 and increased 139.8% from US$305.4 million in the first quarter of 2017. Total revenue increased 29.6% to US$488.2 million from US$376.6 million in the second quarter of 2016 and... More