{"id":104939,"date":"2019-03-12T21:05:30","date_gmt":"2019-03-12T14:05:30","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/wheelock-sets-a-conservative-sales-target-of-hk10-billion-this-year-after-reporting-9-per-cent-rise-in-core-profit\/"},"modified":"2019-03-12T23:02:58","modified_gmt":"2019-03-12T16:02:58","slug":"wheelock-sets-a-conservative-sales-target-of-hk10-billion-this-year-after-reporting-9-per-cent-rise-in-core-profit","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wheelock-sets-a-conservative-sales-target-of-hk10-billion-this-year-after-reporting-9-per-cent-rise-in-core-profit\/","title":{"rendered":"Wheelock sets a \u2018conservative\u2019 sales target of HK$10 billion this year after reporting 9 per cent rise in core profit"},"content":{"rendered":"


\nWheelock and Co, which invests in property, hotels and logistics, set a conservative sales target of about HK$10 billion (US$1.27 billion) for this year after the group reported a modest gain in core profit for last year.Underlying profit, excluding revaluation gains on investment properties, amounted to HK$13.2 billion (US$1.69 billion) for the year to December 31, up 9 per cent from 2017.\u201cWe will increase our sales volume as a way to reduce interest expenses, maintenance cost and decoration\u2026
\n
\nSource : South China Morning Post
\nRead more…Wheelock sets a \u2018conservative\u2019 sales target of HK billion this year after reporting 9 per cent rise in core profit<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Wheelock and Co, which invests in property, hotels and logistics, set a conservative sales target...<\/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-104939","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-riz","jetpack-related-posts":[{"id":7430,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wheelock-co-core-profit-up-31-per-cent\/","url_meta":{"origin":104939,"position":0},"title":"Wheelock & Co core profit up 31 per cent","date":"March 10, 2016","format":false,"excerpt":"\r Property and logistics conglomerate Wheelock & Co says core profit increased 31 per cent to HK$10.59 billion last year due to higher property development sales and resilient rental revenue. Turnover rose 40.24 per cent to HK$57.43 billion.\r \r Source : South China Morning Post\r Read more...Wheelock & Co core\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":47441,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wheelock-shares-hit-historic-high-after-record-annual-core-profit-officials-expect-hk-home-prices-to-rise-5-pc-this-year\/","url_meta":{"origin":104939,"position":1},"title":"Wheelock shares hit historic high after record annual core profit. Officials expect HK home prices to rise 5 pc this year","date":"March 10, 2017","format":false,"excerpt":"\r Wheelock and Company Limited, the Hong Kong property and logistics conglomerate that controls Wharf Holdings, saw its shares surge to a record high on Friday following strong core earnings for 2016, thanks to a greater profit contribution from Wharf, strong home sales in the mainland and Hong Kong, and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7454,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wheelock-co-2015-profit-rises-31pc-to-hk10-6b\/","url_meta":{"origin":104939,"position":2},"title":"Wheelock & Co 2015 profit rises 31pc to HK$10.6b","date":"March 10, 2016","format":false,"excerpt":"\r Property and logistics conglomerate Wheelock & Co said core profit increased 31 per cent to HK$10.59 billion last year due to higher property development sales and resilient rental revenue.\r \r Source : South China Morning Post\r Read more...Wheelock & Co 2015 profit rises 31pc to HK.6b","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":82500,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wheelock-eyes-hnas-last-kai-tak-plot-even-as-it-posts-a-1-5pc-rise-in-2017-core-profit\/","url_meta":{"origin":104939,"position":3},"title":"Wheelock eyes HNA\u2019s last Kai Tak plot even as it posts a 1.5pc rise in 2017 core profit","date":"March 12, 2018","format":false,"excerpt":"\r Wheelock and Co, which pulled in HK$6.4 billion (US$816 million) in property sales over the weekend, said on the Monday that it is interested in HNA Group\u2019s last residential site in Kai Tak should the debt-laden Chinese conglomerate put it up for sale. The company bought a similar site\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":63648,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wheelocks-first-half-net-profit-up-10-26pc-on-rising-rental-income\/","url_meta":{"origin":104939,"position":4},"title":"Wheelock\u2019s first half net profit up 10.26pc on rising rental income","date":"August 14, 2017","format":false,"excerpt":"\r Hong Kong property and logistics conglomerate Wheelock and Co reported a 10.26 per cent rise in first half net profit to HK$6.24 billion (US$798 million) due to rising rental contribution at subsidiary Wharf Holdings. It recorded HK$3.06 earnings per share, which was above the market consensus of HK$2.12 per\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109563,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/victor-lis-ck-asset-sees-core-profit-rise-16-per-cent-thanks-to-strong-property-sales-before-market-soured\/","url_meta":{"origin":104939,"position":5},"title":"Victor Li\u2019s CK Asset sees core profit rise 16 per cent thanks to strong property sales before market soured","date":"August 1, 2019","format":false,"excerpt":"\r Victor Li Tzar-kuoi\u2019s CK Asset Holdings announced a 16.4 per cent increase in core profit for the six months to June, driven by strong property sales in Hong Kong that it locked in before the housing market turned sour.Underlying interim profit, excluding investment property revaluation and property disposal, came\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\/104939"}],"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=104939"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/104939\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=104939"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=104939"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=104939"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}