Xinyuan Real Estate Co. Ltd. Q1 Income Climbs 36%

(RTTNews) - Xinyuan Real Estate Co. Ltd. (XIN) revealed a profit for its first quarter that advanced compared to the same period last year.

The company said its bottom line totaled $6.12 million, or $0.09 per share. This was higher than $4.49 million, or $0.06 per share, in last year's first quarter.

The company said revenue for the quarter rose 41.2% to $235.38 million. This was up from $166.72 million last year.

Xinyuan Real Estate Co. Ltd. earnings at a glance:

-Earnings (Q1): $6.12 Mln. vs. $4.49 Mln. last year. -Earnings Growth (Y-o-Y): 36.3% -EPS (Q1): $0.09 vs. $0.06 last year. -EPS Growth (Y-o-Y): 50.0% -Revenue (Q1): $235.38 Mln vs. $166.72 Mln last year. -Revenue Change (Y-o-Y): 41.2%