{"id":104715,"date":"2019-03-06T06:49:57","date_gmt":"2019-03-05T23:49:57","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-giant-china-evergrande-says-profit-may-have-surged-90-per-cent-last-year-as-2019-starts-with-a-sales-slump\/"},"modified":"2019-03-06T07:03:51","modified_gmt":"2019-03-06T00:03:51","slug":"property-giant-china-evergrande-says-profit-may-have-surged-90-per-cent-last-year-as-2019-starts-with-a-sales-slump","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-giant-china-evergrande-says-profit-may-have-surged-90-per-cent-last-year-as-2019-starts-with-a-sales-slump\/","title":{"rendered":"Property giant China Evergrande says profit may have surged 90 per cent last year as 2019 starts with a sales slump"},"content":{"rendered":"


\nChina Evergrande Group, one of the country\u2019s biggest property developers, said it is likely to record a 90 per cent surge in core net profit for last year, a day after it reported a dramatic sales slump in the first two months of 2019.In a positive earnings alert filed to the Hong Kong Stock Exchange on Tuesday, the firm said its net profit for 2018 would show a \u201csubstantial increase\u201d with the earnings from its core business up at least 90 per cent from the previous year, thanks to higher\u2026
\n
\nSource : South China Morning Post
\nRead more…Property giant China Evergrande says profit may have surged 90 per cent last year as 2019 starts with a sales slump<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

China Evergrande Group, one of the country\u2019s biggest property developers, said it is likely to...<\/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-104715","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-reX","jetpack-related-posts":[{"id":110283,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-first-major-mainland-developer-to-report-profit-decline-as-cooling-measures-hit-sales\/","url_meta":{"origin":104715,"position":0},"title":"China Evergrande first major mainland developer to report profit decline as cooling measures hit sales","date":"August 28, 2019","format":false,"excerpt":"\r China Evergrande, the country\u2019s third largest property developer by sales, posted a 45 per cent plunge in first-half core profit on Wednesday, becoming the first among the mainland\u2019s top developers to report a decline in earnings.The sharp fall in core earnings \u2013 its first drop since the first half\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118405,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-stays-upbeat-on-home-sales-target-amid-margin-squeeze-losses-in-electric-car-venture\/","url_meta":{"origin":104715,"position":1},"title":"China Evergrande stays upbeat on home sales target amid margin squeeze, losses in electric car venture","date":"August 31, 2020","format":false,"excerpt":"\r China Evergrande, the country\u2019s biggest property developer by sales, is confident of achieving its sales target even as the group faces its biggest financial challenge after profit slumped on impact from the Covid-19 outbreak. It will focus on paring its debt burden.The developer posted a 24 per cent gain\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105453,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-and-china-vanke-report-profit-gains-and-high-debt-ratios-during-2018\/","url_meta":{"origin":104715,"position":2},"title":"China Evergrande and China Vanke report profit gains and high debt ratios during 2018","date":"March 27, 2019","format":false,"excerpt":"\r Mainland property developers China Vanke and China Evergrande Group reported upbeat profit results for 2018, along with higher debt levels.Evergrande, chaired by billionaire Hui Ka-yan, saw core profit jump 93.3 per cent to 78.32 billion yuan (US$11.88 billion) for the year, up 93.3 per cent on year, while revenue\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":96826,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developer-evergrande-delivers-whopping-101pc-rise-in-half-time-profit\/","url_meta":{"origin":104715,"position":3},"title":"Developer Evergrande delivers whopping 101pc rise in half-time profit","date":"August 28, 2018","format":false,"excerpt":"\r China Evergrande, the country\u2019s third largest property developer by sales, posted a thumping 101.5 per cent surge in first-half core profit on Tuesday, and officials said they expect to easily top its annual sales targets, despite Beijing\u2019s measures to cool the still-overheating national housing market. Interim core profit came\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":133091,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-crisis-crimps-home-sales-to-7-per-cent-of-annual-takings-while-creditors-await-repayment\/","url_meta":{"origin":104715,"position":4},"title":"China Evergrande: crisis crimps home sales to 7 per cent of annual takings while creditors await repayment","date":"December 21, 2022","format":false,"excerpt":"\r The slump in home sales showcases the extent of the cash crisis at China\u2019s once-biggest home builder. There is no good news for offshore creditors as a long-awaited restructuring plan remains elusive.\r \r Source : South China Morning Post\r Read more...China Evergrande: crisis crimps home sales to 7 per\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118250,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-countrys-biggest-developer-by-sales-says-coronavirus-discounts-to-blame-for-expected-46-per-cent-decline-in-first-half-profit\/","url_meta":{"origin":104715,"position":5},"title":"China Evergrande, country\u2019s biggest developer by sales, says coronavirus, discounts to blame for expected 46 per cent decline in first-half profit","date":"August 17, 2020","format":false,"excerpt":"\r China Evergrande, the country\u2019s biggest property developer by sales, said its net profit for the first half of 2020 is expected to decline by about 46 per cent to 14.7 billion yuan (US$2.1 billion) because of the coronavirus pandemic and discounts offered to buyers.The setback is mainly due to\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\/104715"}],"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=104715"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/104715\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=104715"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=104715"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=104715"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}