Xinyuan Real Estate Co Ltd Issues Q2 2013 Guidance; Raises FY 2013 Guidance


Friday, 10 May 2013 06:30am EDT 

Xinyuan Real Estate Co Ltd announced that for second quarter of 2013, it expects revenue to total USD140 million while net income is expected to reach USD25 million including USD9 million in tax expense benefits to be realized in the second quarter. The Company raised fiscal 2013 guidance and expects revenue under the percentage of completion method is projected to total USD820 million, up 8% from last quarter's midpoint of previous guidance while net income is expected to reach USD105 million, up 11% from the midpoint of previous guidance. 

Company Quote

2.01
-0.02 -0.99%
30 Jan 2015