Land Financing and Acquisition
Land Financing and Acquisition
China Housing & Land Development Inc. Announces Second Quarter 2010 Financial Results
XI'AN, China, Aug. 12 /PRNewswire-Asia-FirstCall/ -- China Housing & Land Development, Inc. ("China Housing" or the "Company"; Nasdaq: CHLN) today announced its unaudited financial results for the quarter ended June 30, 2010. Highlights for 2nd Q 2010: -- Total revenues increased 9.0% to $36.6 million compared to $33.6 million in the first quarter of 2010, and increased 61.1% from $22.7 million in the second quarter of 2009. -- Contract sales decreased 15.4% to $38.4 million compared to $45.4 million in the first quarter of 2010 and increased 90.1% from $20.2 million in the second quarter of 2009. -- Total gross floor area ("GFA") sales were 46,459 sq.

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