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Xinyuan Real Estate Co Ltd Issues Q4 2012 Guidance; Raises FY 2012 Guidance


Friday, 9 Nov 2012 06:00am EST 

Xinyuan Real Estate Co Ltd announced that for the fourth quarter of 2012, it expects contract sales to be in the range of USD150-USD160 million. For the fourth quarter, revenue under the percentage of completion method is expected to range between USD140 and USD150 million and net income is expected to be in the range of USD17 to USD20 million. For fiscal 2012, contract sales are expected to be in the range of USD790 to USD800 million. Revenue under the percentage of completion method is expected to also range between USD790 and USD800 million and net income is expected to be in the range of USD140 to USD143 million. 

Company Quote

2.72
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