Fang Holdings Limited (SFUN) reported a fourth quarter loss from continuing operations of $76 thousand, compared to a loss of $26.2 million, a year ago. The company reported breakeven per class A and class B ordinary shares compared to a loss of $0.29.

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Fang Holdings Limited (SFUN) reported a fourth quarter loss from continuing operations of $76 thousand, compared to a loss of $26.2 million, a year ago. The company reported breakeven per class A and class B ordinary shares compared to a loss of $0.29.

RTTNews | Mar 26, 2021 05:58AM EDT

05:58 Friday, March 26, 2021 (RTTNews.com) - Fang Holdings Limited (SFUN) reported a fourth quarter loss from continuing operations of $76 thousand, compared to a loss of $26.2 million, a year ago. The company reported breakeven per class A and class B ordinary shares compared to a loss of $0.29.

Fourth quarter total revenues were $56.5 million, an increase of 14.6% from $49.3 million, prior year. Revenue from marketing services was $30.1 million, an increase of 59.1%.

Fang's management projects a positive net income for the year of 2021.

Read the original article on RTTNews ( https://www.rttnews.com/3180531/fang-holdings-posts-narrower-loss-in-q4-revenues-up-14-6.aspx)

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