Fang Holdings (SFUN) Reports Q1 Loss of $0.41, Revenues Miss

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Go back to Fang Holdings (SFUN) Reports Q1 Loss of $0.41, Revenues Miss

Fang Announces First Quarter 2020 Unaudited Financial Results and Change in Board of Directors

June 4, 2020 6:37 AM EDT

BEIJING, June 4, 2020 /PRNewswire/ -- Fang Holdings Limited (NYSE: SFUN) ("Fang" or the "Company"), a leading real estate Internet portal in China, today announced (i) its unaudited financial results for the first quarter ended March 31, 2020, and (ii) a change in board of directors (the "Board").

First Quarter 2020 Highlights

Total revenues were $38.3 million, an increase of 9.4% from $35.0 million in the corresponding period of 2019. Operating income from continuing operations was $2.7 million, compared to an operating loss from continuing operations of $11.8 million in the corresponding period of 2019. ... More