Brief: Xinyuan Real Estate Q4 Diluted Net Earnings Per ADS $0.62
03/04/2020 10:36
April 3 (Reuters) - Xinyuan Real Estate Co Ltd XIN.N :
* XINYUAN REAL ESTATE CO., LTD. ANNOUNCES FOURTH QUARTER 2019 FINANCIAL RESULTS
* Q4 REVENUE FELL 17 PERCENT TO $906.7 MILLION
* SAYS EXPECTS 2020 CONTRACT SALES OF 20 BILLION TO 22 BILLION RMB, WITH CONSOLIDATED NET
INCOME
SIMILAR TO 2019.
* SAYS COVID-19 OUTBREAK ADVERSELY AFFECTED Q1 SALES
* SAYS Q4 DILUTED NET EARNINGS EARNINGS PER ADS $0.62
* BY END OF MARCH, ALL OF CO'S CONSTRUCTION AND SALES SITES HAVE RE-OPENED, EXCEPT WUHAN
PROJECT
Source text for Eikon: ID:nPn9lkjYDa
Further company coverage: XIN.N
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