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Xinyuan posts 3Q profit

BEIJING (AP) _ Xinyuan Real Estate Co. (XIN) on Friday reported third-quarter net income of $14.1 million.

On a per-share basis, the Beijing-based company said it had profit of 22 cents.

The real estate company posted revenue of $482.4 million in the period.

Xinyuan shares have increased 16 percent since the beginning of the year. The stock has climbed 3 percent in the last 12 months.


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