Xinyuan Real Estate Co Ltd (NYSE:XIN) is reporting second quarter earnings results on Wednesday 2nd September 2020, before market open.
Previous Quarter Performance
Xinyuan Real Estate Co Ltd announced loss for the first quarter of $ 0.73 per share, from the revenue of $ 125.77 million.
Stock Performance
Shares of Xinyuan Real Estate Co Ltd traded low $ -0.08 or -3.85 percent on Tuesday, reaching $ 2.00 with volume of 257.70 thousand shares. The stock opened positive for the day at $ 2.08, after closing the previous day trading at $ 2.08.
According to the previous trading day, closing price of $ 2.08, representing a 7.77 % increase from the 52 week low of $ 1.93 and a 51.52 % decrease over the 52 week high of $ 4.29.
The company has a market capital of $ 107.39 million and is part of the Real Estate sector and Real Estate – General industry.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.025 per share on June 5, 2020. The dividend were payable on July 8, 2020 to holders of record as of the close of business on June 16, 2020 and ex-dividend date on June 15, 2020.
Conference Call
Xinyuan Real Estate Co Ltd will be hosting a conference call at 8:00 AM eastern time on 2nd September 2020, to discuss its 2Q20 financial results with the investment community. The participants may dial, 1-866-575-6539 Toll Free or 1-323-994-2082 Outside U.S. in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website public.viavid.com/player/index.php?id=141360
Xinyuan Real Estate Co., Ltd., through its subsidiaries, develops residential real estate properties for middle income consumers in the Peoples Republic of China, the United States, and internationally. It develops residential projects, such as multi-layer apartment buildings, sub-high-rise apartment buildings, or high-rise apartment buildings; auxiliary services and amenities, such as retail outlets, leisure and health facilities, kindergartens, and schools; and small scale residential properties, as well as office, mixed-use, and commercial properties. The company also acquires development sites through public auctions of government land and direct negotiations.
