Xinyuan(XIN) - 2024 Q3 - Quarterly Report

Gross profit decreased by US$36.8 million to US$39.8 million, or 25.6% of total revenue for the first half of 2024 from US$76.6 million, or 19.7% of total revenue for the first half of 2023. The increase of gross profit rate was mainly due to optimization of project costs. Exhibit 99.1 Xinyuan Real Estate Co., Ltd. Announces First Half 2024 Financial Results Beijing, October 25, 2024 -- Xinyuan Real Estate Co., Ltd. ("Xinyuan" or "the Company") (NYSE: XIN), an NYSE-listed real estate developer operating pri ...