Xinyuan Real Estate (XIN) Reports Q4 EPS of $0.62 on Revenues of $906.7M
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Xinyuan Real Estate Co., Ltd. Announces Fourth Quarter 2019 Financial Results
April 3, 2020 5:30 AM EDTBEIJING, April 3, 2020 /PRNewswire/ -- Xinyuan Real Estate Co., Ltd. ("Xinyuan" or the "Company") (NYSE: XIN), an NYSE-listed real estate developer and property manager operating primarily in China and in the U.S., today announced its unaudited financial results for the fourth quarter ended December 31, 2019.
Full Year 2019Â Highlights
Total revenue increased 11.9% to US$2.5 billion from US$2.2 billion in 2018. For the year ended December 31, 2019, contract sales decreased 6.2% to US$2.1 billion from US$2.3 billion in 2018. In RMB terms, contract sales in 2019 decreased 2.2% to RMB14.6 billion yuan from RMB15.0... More