China Housing & Land Development Inc. (CHLN) reported that its third-quarter net income attributable to the company increased to $12.71 million from $1.45 million a year ago. Earnings per share was $0.24 compared to $0.04 a year ago.
Comprehensive income increased to $12.78 million from $2.36 million last year.
Analysts polled by Thomson Reuters expected the company to report profit of $0.08 per share for the quarter. Analysts' estimates typically exclude special items.
Total revenues increased to $23.79 million from $7.55 million last year. Analysts expected revenue of $20.40 million for the quarter.
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