Xinyuan Real Estate (XIN) Reports Q1 Loss of $0.73 on Revenues of $125.8M
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Xinyuan Real Estate Co., Ltd. Announces First Quarter 2020 Financial Results
June 5, 2020 5:30 AM EDTBEIJING, June 5, 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 first quarter ended March 31, 2020.
First Quarter 2020 Highlights
Total revenue was US$125.8 million in the first quarter of 2020 compared to US$468.9 million in the first quarter of 2019. Net loss was US$39.1 million in the first quarter of 2020 compared to net income of... More