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Xinyuan: 2Q Earnings Snapshot

BEIJING (AP) _ Xinyuan Real Estate Co. (XIN) on Friday reported second-quarter net income of $10.7 million, after reporting a loss in the same period a year earlier.

The Beijing-based company said it had net income of 19 cents per share.

The real estate company posted revenue of $609.4 million in the period.

The company's shares closed at $3.86. A year ago, they were trading at $4.01.


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