Brief: Xinyuan Real Estate Co. Reports Qtrly Diluted Net Loss Per ADS Attributable To Shareholders Were $0.73
05/06/2020 10:36
June 5 (Reuters) - Xinyuan Real Estate Co Ltd XIN.N :
* XINYUAN REAL ESTATE CO., LTD. ANNOUNCES FIRST QUARTER 2020
FINANCIAL RESULTS
* Q1 REVENUE FELL 73.2 PERCENT TO $125.8 MILLION
* QTRLY DILUTED NET LOSS PER ADS ATTRIBUTABLE TO
SHAREHOLDERS WERE
US$0.73
* XINYUAN REAL ESTATE- COVID-19 OUTBREAK IS LIKELY TO HAVE A
MATERIAL AND EXTENDED ADVERSE IMPACT ON OPERATIONAL AND
FINANCIAL RESULTS FOR FY 2020
* SEES 2020 CONSOLIDATED NET INCOME IN RANGE OF $60 MILLION
TO $80
MILLION
* SEES CONTRACT SALES OF 20 BILLION TO 22 BILLION RMB IN
2020
Source text for Eikon: ID:nPn178FLka
Further company coverage: XIN.N
((Reuters.Briefs@thomsonreuters.com;))
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