{"id":105203,"date":"2019-03-21T05:45:04","date_gmt":"2019-03-20T22:45:04","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-listed-developer-shui-on-reports-drop-in-earnings-for-2018-and-slashes-sales-target-for-this-year\/"},"modified":"2019-03-21T06:04:25","modified_gmt":"2019-03-20T23:04:25","slug":"hong-kong-listed-developer-shui-on-reports-drop-in-earnings-for-2018-and-slashes-sales-target-for-this-year","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-listed-developer-shui-on-reports-drop-in-earnings-for-2018-and-slashes-sales-target-for-this-year\/","title":{"rendered":"Hong Kong-listed developer Shui On reports drop in earnings for 2018 and slashes sales target for this year"},"content":{"rendered":"


\nHong Kong-listed property developer Shui On Land reported on Wednesday that its core earnings had dropped by 3 per cent to 3.06 billion yuan (US$457.09 million) for the year ending December 31, 2018.The company, which has the second-largest commercial property portfolio in Shanghai, said its revenue had jumped by 35 per cent to 24.84 billion yuan for the year, and that it would pay a final dividend of 8.4 Hong Kong cents, an increase of 20 per cent year on year.Vincent Lo Hong-sui, Shui On\u2019s\u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong-listed developer Shui On reports drop in earnings for 2018 and slashes sales target for this year<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong-listed property developer Shui On Land reported on Wednesday that its core earnings had...<\/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-105203","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-rmP","jetpack-related-posts":[{"id":49158,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-shui-on-sees-38pc-rise-in-annual-profit-on-robust-mainland-sales\/","url_meta":{"origin":105203,"position":0},"title":"Hong Kong developer Shui On sees 38pc rise in annual profit on robust mainland sales","date":"March 22, 2017","format":false,"excerpt":"\r Property developer Shui On Land has delivered a 38 per cent rise in annual profit, on the back of robust mainland project sales. The company said on Wednesday its profit attributable to shareholders was 1.1 billion yuan (US$159.5 million) for the year ended 31 December 2016, up from 788\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":56090,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shui-on-land-sells-chongqing-assets-to-china-vanke-for-4-1-billion-yuan\/","url_meta":{"origin":105203,"position":1},"title":"Shui On Land sells Chongqing assets to China Vanke for 4.1 billion yuan","date":"May 27, 2017","format":false,"excerpt":"\r Shui On Land, the property developer founded by tycoon Vincent Lo Hong-sui, has sold one of its largest mixed commercial projects in mainland China for 4.1 billion yuan (US$596.3 million). In a statement to the Hong Kong stock exchange on Friday night, Shui On said it would reap a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":160118,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghai-focused-shui-on-land-says-first-half-net-income-falls-29\/","url_meta":{"origin":105203,"position":2},"title":"Shanghai-focused Shui On Land says first-half net income falls 29%","date":"August 28, 2025","format":false,"excerpt":"\r Hong Kong-listed property developer Shui On Land on Thursday said its first-half net income fell 29 per cent from a year earlier, as the mainland real estate market remained challenged, though it added that Shanghai\u2019s luxury market was resilient. In a filing with the Hong Kong stock exchange, the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":83367,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shui-on-shares-notch-biggest-weekly-gain-after-profit-beat-forecast-even-if-outlook-is-modest\/","url_meta":{"origin":105203,"position":3},"title":"Shui On shares notch biggest weekly gain after profit beat forecast, even if outlook is modest","date":"March 22, 2018","format":false,"excerpt":"\r Shares of Shui On Land, the Hong Kong developer that owns the landmark Shanghai shopping and entertainment district Xintiandi, jumped by their most in a week, after its 2017 profit and sales revenue beat forecasts. Net profit under general accounting rules more than doubled to 2.24 billion yuan, while\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":64423,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shui-on-lands-first-half-profit-rises-13-per-cent\/","url_meta":{"origin":105203,"position":4},"title":"Shui On Land\u2019s first half profit rises 13 per cent","date":"August 23, 2017","format":false,"excerpt":"\r Shui On Land, chaired by Vincent Lo Hong-shui, says it remains cautious on the company\u2019s outlook, despite having already locked up more than half of this year\u2019s 21 billion yuan (US$3.2 billion) sales target. The company had achieved contracted sales of about 14 billion yuan , or 66 per\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124456,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-listed-developer-shui-on-land-says-it-has-resolved-flat-owners-complaints-at-joint-venture-project-in-wuhan\/","url_meta":{"origin":105203,"position":5},"title":"Hong Kong-listed developer Shui On Land says it has resolved flat owners\u2019 complaints at joint venture project in Wuhan","date":"February 4, 2022","format":false,"excerpt":"\r Hong Kong-listed developer Shui On Land said it had resolved owners\u2019 complaints at Optics Valley Innovation Tiandi, its joint venture flagship mixed-used development in Wuhan in central China.Some owners of flats at Wuhan Optics Valley, which is part of the mixed-use development\u2019s second phase, complained of \u201ccracks and leaks\u201d\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\/105203"}],"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=105203"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/105203\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=105203"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=105203"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=105203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}