Xinyuan Real Estate (XIN) Declares $0.10 Quarterly Dividend; 19.1% Yield

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Xinyuan Real Estate (XIN) Reports Q4 EPS of $0.62 on Revenues of $906.7M

April 3, 2020 5:44 AM EDT

Xinyuan Real Estate (NYSE: XIN) reported Q4 EPS of $0.62, versus $1.13 reported last year. Revenue for the quarter came in at $906.7 million, versus $1.09 billion reported last year.

Fourth Quarter 2019 Highlights

Total revenue was US$906.7 million in the fourth quarter of 2019 compared to US$1,092.2 million in the fourth quarter of 2018 and US$497.6 million in the third quarter of 2019.Net income was US$39.6 million in the fourth quarter of 2019 compared to US$104.1 million in the fourth quarter of 2018 and US$5.4 million in the third quarter of 2019.Diluted net earnings per ADS attributable... More