BEIJING (AP) _ Xinyuan Real Estate Co. (XIN) on Thursday reported first-quarter net income of $19.6 million, after reporting a loss in the same period a year earlier.
The Beijing-based company said it had profit of 33 cents per share.
The real estate company posted revenue of $468.9 million in the period.
The company's shares closed at $4.22. A year ago, they were trading at $5.45.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on XIN at https://www.zacks.com/ap/XIN