{"id":110084,"date":"2019-08-21T19:30:11","date_gmt":"2019-08-21T12:30:11","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/henderson-posts-second-straight-drop-in-interim-revenue-as-one-of-hong-kongs-largest-developers-falls-victim-to-real-estate-slump\/"},"modified":"2019-08-21T20:03:11","modified_gmt":"2019-08-21T13:03:11","slug":"henderson-posts-second-straight-drop-in-interim-revenue-as-one-of-hong-kongs-largest-developers-falls-victim-to-real-estate-slump","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/henderson-posts-second-straight-drop-in-interim-revenue-as-one-of-hong-kongs-largest-developers-falls-victim-to-real-estate-slump\/","title":{"rendered":"Henderson posts second straight drop in interim revenue, as one of Hong Kong\u2019s largest developers falls victim to real estate slump"},"content":{"rendered":"


\nHenderson Land Development reported its second consecutive double-digit percentage decline in interim revenue, as one of Hong Kong\u2019s largest developers fell victim to the city\u2019s slowing property market.Turnover fell 38 per cent to HK$8.12 billion in the six months ended June, while first-half underlying profit, excluding revaluation gains on investment properties, dropped to HK$6.7 billion. Revenue from real estate sales plunged 68 per cent to HK$2.7 billion during the period, said Henderson,\u2026
\n
\nSource : South China Morning Post
\nRead more…Henderson posts second straight drop in interim revenue, as one of Hong Kong\u2019s largest developers falls victim to real estate slump<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Henderson Land Development reported its second consecutive double-digit percentage decline in interim revenue, as one...<\/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-110084","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-sDy","jetpack-related-posts":[{"id":172408,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/henderson-land-posts-66-profit-surge-after-run-of-strong-sales\/","url_meta":{"origin":110084,"position":0},"title":"Henderson Land posts 66% profit surge after run of strong sales","date":"August 20, 2026","format":false,"excerpt":"\r Henderson Land Development, one of Hong Kong\u2019s largest developers, reported a 66 per cent rise in its interim profit for the first half of the year following a strong run of property sales, according to its filing with the Hong Kong stock exchange on Thursday. The developer, controlled by\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125606,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/henderson-land-hong-kongs-third-largest-developer-warns-of-tough-times-ahead-as-it-reports-9-per-cent-profit-fall-for-2021\/","url_meta":{"origin":110084,"position":1},"title":"Henderson Land, Hong Kong\u2019s third-largest developer, warns of tough times ahead as it reports 9 per cent profit fall for 2021","date":"March 22, 2022","format":false,"excerpt":"\r Henderson Land Development, one of Hong Kong\u2019s biggest home builders, reported a 9 per cent slump in profit to HK$13.6 billion (US$1.7 billion) in 2021, worse than the 1 per cent decline expected by analysts.Last year\u2019s earnings were dented by the absence of a one-off gain from the Miramar\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":106907,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kai-taks-third-largest-plot-of-residential-land-goes-to-henderson-led-consortium-for-record-hk12-6-billion\/","url_meta":{"origin":110084,"position":2},"title":"Kai Tak\u2019s third-largest plot of residential land goes to Henderson-led consortium for record HK$12.6 billion","date":"May 7, 2019","format":false,"excerpt":"\r A consortium of six developers including Henderson Land Development agreed to pay HK$12.6 billion (US$1.6 billion) for the third-largest residential plot at the runway of Hong Kong's former Kai Tak airport.\r\rThe total price translates to HK$19,636 per square foot, which means a flat complex built on the site will\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":64288,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hendersons-interim-profit-more-than-doubles-in-hong-kongs-real-estate-boom\/","url_meta":{"origin":110084,"position":3},"title":"Henderson\u2019s interim profit more than doubles in Hong Kong\u2019s real estate boom","date":"August 22, 2017","format":false,"excerpt":"\r Henderson Land Development\u2019s interim earnings more than doubled, as booming sales in the world\u2019s most expensive real estate market helped meet its full-year sales target within six months, and bolstered its bottom line. Underlying profit, excluding revaluation gains on investment properties jumped to HK$10.73 billion (US$1.37 billion) in the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109555,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/henderson-land-ranks-no-1-in-hong-kong-micro-flat-sales-in-first-half-beating-other-developers-by-wide-margin\/","url_meta":{"origin":110084,"position":4},"title":"Henderson Land ranks No 1 in Hong Kong micro flat sales in first half, beating other developers by wide margin","date":"August 1, 2019","format":false,"excerpt":"\r Henderson Land Development has emerged as Hong Kong\u2019s largest developer of \u201cmicro flats\u201d in the first half, underscoring the popularity of cheaper housing among investors and those seeking to get a start on the housing ladder.\r\rHenderson, owned by Hong Kong billionaire Lee Shau-kee, sold 351 micro flats, typically defined\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":63902,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/swire-properties-posts-30-per-cent-jump-in-first-half-underlying-profit-on-higher-sales\/","url_meta":{"origin":110084,"position":5},"title":"Swire Properties posts 30 per cent jump in first-half underlying profit on higher sales","date":"August 17, 2017","format":false,"excerpt":"\r Swire Properties, one of Hong Kong\u2019s largest property developers, has reported interim earnings that beat analysts\u2019 forecasts, helped by increasing sales and higher margins on luxury real estate sold in the city. The company\u2019s underlying profit rose 30 per cent to HK$4.6 billion (US$588 million) in the six months\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\/110084"}],"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=110084"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/110084\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=110084"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=110084"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=110084"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}