Fang Announces Fourth Quarter and Fiscal Year 2019 Unaudited Financial Results
Fang Holdings Limited American Depositary Shares (Each representing Four Class A Ordinary Shares, HK$1.00 par value) (SFUN)
Last fang holdings limited american depositary shares (each representing four class a ordinary shares, hk$1.00 par value) earnings: 11/30 06:22 am
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Source: PR Newswire
BEIJING, April 24, 2020 /PRNewswire/ -- Fang Holdings Limited (NYSE: SFUN) ("Fang" or the "Company"), a leading real estate Internet portal in China, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2019.Fourth Quarter 2019 HighlightsTotal revenues were $49.3 million, a decrease of 26.7% from $67.3 million in the corresponding period of 2018. Operating loss from continuing operations was $21.0 million, compared to an operating income from continuing operations of $21.1 million in the corresponding period of 2018. Net loss was $26.2 million, compared to a net loss of $29.4 million in the corresponding period of 2018.Fiscal Year 2019 HighlightsTotal revenues were $219.7 million, a decrease of 8.5% from $240.0 million in 2018. Operating income from continuing operations was $24.1 million, an increase of 145.7% from $9.8 million in 2018. Net loss was $7.7 million, compared to a net loss of $114.9 million in 2018."In 2019, we had ch
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