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.