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Xinyuan Real Estate Co., Ltd. Message Board

  • truth8360 truth8360 Nov 9, 2012 7:54 AM Flag

    guidance from last CC

    They beat slightly on top line ..Just missed net income slightly..Below are guidance numbers from last qtr..

    Third Quarter and Full Year 2012 Outlook

    The Company expects contract sales in the third quarter of 2012 to be in the range of US$215-225 million. Revenue under the percentage of completion method is expected to range between US$225 and US$235 million and net income in the third quarter is expected to be in the range of US$30.0 to US$33.0 million.

    Fourth quarter contract sales, revenue, and net income are expected to be lower than the third quarter on lower sellable inventory as project sell outs at Suzhou International City Garden, Chengdu Xinyuan Splendid, Zhengzhou Modern City, and Zhengzhou Yipinxiangshan will not be offset by new projects until early 2013.

 
XIN
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