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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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.