Xinyuan Real Estate Co Ltd American Depositary Shares (XIN) News
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Latest XIN News From Around the Web
Below are the latest news stories about XINYUAN REAL ESTATE CO LTD that investors may wish to consider to help them evaluate XIN as an investment opportunity.
Xinyuan Real Estate Faces Revenue and Profit ChallengesXinyuan Real Estate Co (XIN) has released an update. Xinyuan Real Estate Co. reported a significant drop in revenue for the first half of 2024, with a 59.9% decrease to $155.6 million due to a downturn in the real estate market. Despite a decrease in gross profit to $39.8 million, the company managed to raise its gross profit margin through cost optimization. However, the net loss widened to $47.9 million, highlighting ongoing financial challenges. For further insights into XIN stock, check out |
Xinyuan Real Estate Co., Ltd. Releases 2023 Annual Report, Achieving Positive Net Profit Attributable to ShareholdersBEIJING, May 22, 2024 (GLOBE NEWSWIRE) -- Xinyuan Real Estate Co., Ltd. (“Xinyuan” or the “Company”) (NYSE:XIN), an NYSE-listed real estate developer operating primarily in China and also in other countries, announced that on May 15, 2024, it filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2023 with the U.S. Securities and Exchange Commission (the “SEC”). An electronic copy of the annual report on Form 20-F can be accessed on Xinyuan’s investor relations website at ht |
25 Countries with the Highest Home Ownership RatesIn this article, we will be analyzing the booming home ownership statistics across the world while covering the 25 countries with the highest home ownership rates. If you wish to skip our detailed analysis, you can move directly to the 5 Countries with the Highest Home Ownership Rates. An Analysis of Home Ownership Rates Across […] |