{"id":105123,"date":"2019-03-18T13:44:18","date_gmt":"2019-03-18T06:44:18","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-biggest-developer-country-garden-sees-2018-core-profit-beat-estimates-but-analysts-are-not-convinced-about-future-earnings\/"},"modified":"2019-03-18T15:05:49","modified_gmt":"2019-03-18T08:05:49","slug":"chinas-biggest-developer-country-garden-sees-2018-core-profit-beat-estimates-but-analysts-are-not-convinced-about-future-earnings","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-biggest-developer-country-garden-sees-2018-core-profit-beat-estimates-but-analysts-are-not-convinced-about-future-earnings\/","title":{"rendered":"China\u2019s biggest developer, Country Garden, sees 2018 core profit beat estimates, but analysts are not convinced about future earnings"},"content":{"rendered":"<p>&#013;<br \/>\nCountry Garden Holdings, China\u2019s biggest property developer by sales, has reported profit slightly ahead of estimates, though analysts said they are worried about its ability to continue to deliver.The Guangdong-based builder\u2019s core profit rose 38.2 per cent last year to 34.13 billion yuan (US$5.08 billion). That just beat the average estimate of 33.8 billion among analysts polled by Bloomberg, but was a far cry from the 126 per cent spike seen in 2017. Its revenue jumped by two thirds to 379\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/companies\/article\/3002146\/chinas-biggest-developer-country-garden-sees-2018-core-profit\" target=\"_blank\">China\u2019s biggest developer, Country Garden, sees 2018 core profit beat estimates, but analysts are not convinced about future earnings<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Country Garden Holdings, China\u2019s biggest property developer by sales, has reported profit slightly ahead of&#46;&#46;&#46;<\/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-105123","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-rlx","jetpack-related-posts":[{"id":49112,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/country-garden-posts-better-than-expected-profit-up-22-per-cent\/","url_meta":{"origin":105123,"position":0},"title":"Country Garden posts better-than-expected profit, up 22 per cent","date":"March 22, 2017","format":false,"excerpt":"\r Country Garden, China\u2019s second largest developer, reported better-than-expected profit growth for 2016, driven by strong house sales in smaller cities. Core profit, which excludes valuation gains and foreign exchange losses, rose 22 per cent from a year earlier to 12 billion yuan, the company said in a statement to\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":83185,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/top-chinese-developer-country-gardens-core-profit-jumps-106pc-as-sales-soar\/","url_meta":{"origin":105123,"position":1},"title":"Top Chinese developer Country Garden\u2019s core profit jumps 106pc as sales soar","date":"March 20, 2018","format":false,"excerpt":"\r Country Garden Holdings, China\u2019s largest developer by sales, on Tuesday reported a 106 per cent increase in core net profit for 2017 on the back of a 78.3 per cent jump in contracted sales, with analysts expecting the company to benefit from its focus on smaller cities. Core net\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":83753,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-overseas-land-investment-core-profit-up-9-2pc-but-lags-analysts-estimates\/","url_meta":{"origin":105123,"position":2},"title":"China Overseas Land &amp; Investment core profit up 9.2pc, but lags analysts\u2019 estimates","date":"March 26, 2018","format":false,"excerpt":"\r China Overseas Land & Investment, the country\u2019s top property developer by market value, logged a 9.21 per cent rise in core profit, mainly driven by property sales.\u00a0 The state-backed developer posted a core profit of HK$34.26 billion (US$4.37 billion) in 2017,\u00a0after excluding revaluation gains. The figure in 2016 was\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":96401,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-largest-developer-country-garden-posts-80-per-cent-increase-in-first-half-core-net-profit\/","url_meta":{"origin":105123,"position":3},"title":"China\u2019s largest developer Country Garden posts 80 per cent increase in first-half core net profit","date":"August 21, 2018","format":false,"excerpt":"\r Country Garden Holdings, China\u2019s largest developer by sales, on Tuesday reported an 80.2 per cent increase in core net profit in the first half of the year, despite a slowdown in sales growth amid government cooling measures on the property market. Core net profit, which excludes valuation gains and\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105191,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/three-hong-kong-listed-chinese-developers-disappoint-investors-as-earnings-miss-estimates\/","url_meta":{"origin":105123,"position":4},"title":"Three Hong Kong-listed Chinese developers disappoint investors as earnings miss estimates","date":"March 20, 2019","format":false,"excerpt":"\r Three Hong Kong-listed Chinese developers that released their 2018 results on Wednesday missed expectations because of lower-than-expected revenue booking.China Overseas Land & Investment (COLI), the second-largest Hong Kong-traded Chinese developer by market capitalisation, posted an 8.3 per cent increase in core profit while revenue grew just 3.25 per cent.The\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":64302,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/country-garden-posts-higher-profit-on-sales-growth\/","url_meta":{"origin":105123,"position":5},"title":"Country Garden posts higher profit on sales growth","date":"August 22, 2017","format":false,"excerpt":"\r Country Garden, China\u2019s third-largest property firm by contracted sales in 2016, posted a 39.2 per cent jump in first half net profit to 7.5 billion yuan (US$1.1 billion) year on year, boosted by strong demand and low house inventory in the mainland. The earnings beat the consensus estimate of\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/105123"}],"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=105123"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/105123\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=105123"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=105123"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=105123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}