Xinyuan Real Estate Co. Ltd. Reveals 31% Rise In Q2 Bottom Line

(RTTNews) - Xinyuan Real Estate Co. Ltd. (XIN) reported a profit for its second quarter that rose from last year.

The company said its bottom line totaled $26.53 million, or $0.39 per share. This was higher than $20.18 million, or $0.27 per share, in last year's second quarter.

The company said revenue for the quarter rose 36.9% to $376.62 million. This was up from $275.07 million last year.

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

-Earnings (Q2): $26.53 Mln. vs. $20.18 Mln. last year. -Earnings Growth (Y-o-Y): 31.5% -EPS (Q2): $0.39 vs. $0.27 last year. -EPS Growth (Y-o-Y): 44.4% -Revenue (Q2): $376.62 Mln vs. $275.07 Mln last year. -Revenue Change (Y-o-Y): 36.9%