{"id":103487,"date":"2019-01-30T16:40:30","date_gmt":"2019-01-30T09:40:30","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hang-lung-reports-2018-underlying-profit-slumps-26-per-cent-amid-fewer-sales\/"},"modified":"2019-01-30T17:05:09","modified_gmt":"2019-01-30T10:05:09","slug":"hang-lung-reports-2018-underlying-profit-slumps-26-per-cent-amid-fewer-sales","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hang-lung-reports-2018-underlying-profit-slumps-26-per-cent-amid-fewer-sales\/","title":{"rendered":"Hang Lung reports 2018 underlying profit slumps 26 per cent amid fewer sales"},"content":{"rendered":"


\nHang Lung Properties reported on Wednesday 2018 underlying profit plunged 26 per cent on year, matching analyst expectations, amid softer sales during a 12-month period that coincided with a downturn in the developer\u2019s project completion pipeline.
\nFor the financial year ended December 31, the developer\u2019s underlying profit totalled HK$4.09 billion (US$522 million), or 91 HK cents per share, compared to HK$5.53 billion, or HK$1.23 per share, a year earlier.
\nThe company will distribute…
\n
\nSource : South China Morning Post
\nRead more…Hang Lung reports 2018 underlying profit slumps 26 per cent amid fewer sales<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hang Lung Properties reported on Wednesday 2018 underlying profit plunged 26 per cent on year,...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-103487","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-qV9","jetpack-related-posts":[{"id":78473,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-hang-lung-properties-sees-2017-underlying-profit-fall-on-declining-china-mall-rental-income\/","url_meta":{"origin":103487,"position":0},"title":"Hong Kong\u2019s Hang Lung Properties sees 2017 underlying profit fall on declining China mall rental income","date":"January 30, 2018","format":false,"excerpt":"\r Hong Kong developer Hang Lung Properties, which owns the Fashion Walk shopping area in Causeway Bay and eight shopping centres in China, reported a 13 per cent fall in 2017 underlying profit, citing fewer property sales and a decline in rental income from its mainland China business. Underlying profit\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41983,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hang-lung-properties-2016-core-profit-up-45pc-to-hk6-3bn\/","url_meta":{"origin":103487,"position":1},"title":"Hang Lung Properties\u2019 2016 core profit up 45pc to HK$6.3bn","date":"January 26, 2017","format":false,"excerpt":"\r Hang Lung Properties, the first developer to kick off the reporting season, reported strong earnings last year on the back of rising property income in Hong Kong. Underlying profit, excluding revaluation gains in investment properties, rose 45 per cent to HK$6.34 billion, or HK$1.38 per share, the company said\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172294,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hang-lung-profit-falls-as-property-losses-and-weak-offices-offset-record-mall-rents\/","url_meta":{"origin":103487,"position":2},"title":"Hang Lung profit falls as property losses and weak offices offset record mall rents","date":"July 31, 2026","format":false,"excerpt":"\r Hong Kong developer Hang Lung Properties\u2019 underlying profit fell in the first half as losses from property sales, higher finance costs and a weak mainland China office market offset record rental income from its shopping malls. Underlying net profit declined 10 per cent from a year earlier to HK$1.44\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":61958,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hang-lung-properties-profit-dips-4pc-in-first-half-on-lower-rental-income\/","url_meta":{"origin":103487,"position":3},"title":"Hang Lung Properties\u2019 profit dips 4pc in first half on lower rental income","date":"July 27, 2017","format":false,"excerpt":"\r Interim profits for Hong Kong developer Hang Lung Properties beat projections by Goldman Sachs but still came in 4 per cent lower compared to the same period last year on lower rental income. Underlying profit in the first half, excluding revaluation gains in investment properties, dropped 4 per cent\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171178,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-ck-hutchison-reports-7-gain-in-underlying-profit-amid-unforeseen-challenges\/","url_meta":{"origin":103487,"position":4},"title":"Hong Kong\u2019s CK Hutchison reports 7% gain in underlying profit amid \u2018unforeseen challenges\u2019","date":"March 19, 2026","format":false,"excerpt":"\r CK Hutchison Holdings, one of the flagship companies owned by Hong Kong billionaire Li Ka-shing\u2019s family, reported a 7 per cent increase in underlying profit for 2025, as the company predicted its businesses would face \u201cnew and perhaps unforeseen challenges\u201d in 2026. The ports-to-telecoms conglomerate said on Thursday that\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":48966,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/k-wah-international-reports-2016-underlying-profit-up-113pc-lifted-by-robust-sales\/","url_meta":{"origin":103487,"position":5},"title":"K Wah International reports 2016 underlying profit up 113pc, lifted by robust sales","date":"March 21, 2017","format":false,"excerpt":"\r K Wah International Holdings reported 2016 underlying profit jumped 113 per cent to HK$2.8 billion (US$360.53 million), lifted by robust property sales in Hong Kong and the mainland. The mid-sized developer said profit attributable to equity holders rose to HK$3.18 billion, compared to HK$1.37 billion a year earlier, according\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/103487"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=103487"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/103487\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=103487"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=103487"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=103487"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}