Xinyuan Real Estate (XIN) Reports Q2 Loss of $0.49 on Revenues of $284.4M
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Xinyuan Real Estate Co., Ltd. Announces Second Quarter 2020 Financial Results
September 2, 2020 6:34 AM EDTBEIJING, Sept. 2, 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 second quarter ended June 30, 2020.
Second Quarter 2020 Highlights
Total revenue in the second quarter of 2020 increased 126.1% to US$284.4 million from US$125.8 million in the first quarter of 2020. Net loss in the second quarter of 2020 decreased 23.0% to US$30.1 million from net loss of... More