Xinyuan Real Estate (XIN) Lowers Quarterly Dividend 75% to $0.025; 3.6% Yield
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Xinyuan Real Estate (XIN) Reports Q1 Loss of $0.73 on Revenues of $125.8M
June 5, 2020 5:51 AM EDTXinyuan Real Estate (NYSE: XIN) reported Q1 EPS of ($0.73), versus $0.33 reported last year. Revenue for the quarter came in at $125.8 million, versus $468.9 million reported last year.
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 US$18.2 million in the first quarter of 2019.Diluted net loss per ADS attributable to shareholders were US$0.73 in the first quarter of 2020 compared to diluted net... More