{"id":115082,"date":"2020-03-23T20:01:31","date_gmt":"2020-03-23T13:01:31","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/henderson-land-hong-kongs-third-biggest-developer-sees-challenging-year-ahead-as-2019-profit-slumps-26-per-cent\/"},"modified":"2020-03-23T21:03:58","modified_gmt":"2020-03-23T14:03:58","slug":"henderson-land-hong-kongs-third-biggest-developer-sees-challenging-year-ahead-as-2019-profit-slumps-26-per-cent","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/henderson-land-hong-kongs-third-biggest-developer-sees-challenging-year-ahead-as-2019-profit-slumps-26-per-cent\/","title":{"rendered":"Henderson Land, Hong Kong\u2019s third biggest developer, sees challenging year ahead as 2019 profit slumps 26 per cent"},"content":{"rendered":"


\nHenderson Land Development, the third largest developer in Hong Kong, sees a \u201cchallenging\u201d year ahead after posting a 26 per cent drop in core profit for 2019.Chairmen Peter Lee Ka Kit and Martin Lee Ka-shing on Monday reported the company\u2019s first set of annual results since taking over last year from their father, Lee Shau-kee, the city\u2019s richest man.\u201cHong Kong\u2019s economic outlook is still hindered by unfavourable factors, including those stemming from the protracted local social unrest and\u2026
\n
\nSource : South China Morning Post
\nRead more…Henderson Land, Hong Kong\u2019s third biggest developer, sees challenging year ahead as 2019 profit slumps 26 per cent<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Henderson Land Development, the third largest developer in Hong Kong, sees a \u201cchallenging\u201d year ahead...<\/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-115082","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-tWa","jetpack-related-posts":[{"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":115082,"position":0},"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":105215,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developers-henderson-land-k-wah-international-report-small-increases-in-profit-are-optimistic-about-2019\/","url_meta":{"origin":115082,"position":1},"title":"Hong Kong developers Henderson Land, K Wah International report small increases in profit, are optimistic about 2019","date":"March 21, 2019","format":false,"excerpt":"\r Hong Kong property developer Henderson Land Development, chaired by tycoon Lee Shau-kee, said on Wednesday profit attributable to its owners inched up by 1 per cent last year, while that of K Wah International, chaired by billionaire Lui Che-woo, rose by 3.6 per cent, in a reflection of Hong\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172408,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/henderson-land-posts-66-profit-surge-after-run-of-strong-sales\/","url_meta":{"origin":115082,"position":2},"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":138771,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/always-the-first-ck-assets-history-of-using-discounts-to-hone-its-edge-clear-inventory-to-survive-hong-kongs-property-market-slumps\/","url_meta":{"origin":115082,"position":3},"title":"\u2018Always the first\u2019: CK Asset\u2019s history of using discounts to hone its edge, clear inventory to survive Hong Kong\u2019s property market slumps","date":"August 13, 2023","format":false,"excerpt":"\r \u2018As a developer you want your money back as soon as possible, and also to get a profit,\u2019 an expert says. It\u2019s advice the flagship developer of billionaire Li Ka-shing has long held close to its heart.\r \r Source : South China Morning Post\r Read more...\u2018Always the first\u2019: CK\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105193,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lee-shau-kee-hong-kongs-second-richest-man-says-he-is-mulling-retirement-to-hand-the-reins-of-henderson-land-to-his-two-sons\/","url_meta":{"origin":115082,"position":4},"title":"Lee Shau-kee, Hong Kong\u2019s second-richest man, says he is mulling retirement to hand the reins of Henderson Land to his two sons","date":"March 20, 2019","format":false,"excerpt":"\r Lee Shau-kee, Hong Kong\u2019s second-richest man, will retire as chairman and managing director of Henderson Land Development, handing over the keys of one of the city\u2019s largest property developers to his two sons, according to a company announcement.Lee, who turned 90 two weeks ago, may formally step down after\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114249,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/henderson-land-cuts-rents-by-up-to-60-per-cent-as-hong-kong-issues-sos-to-support-businesses-protect-jobs\/","url_meta":{"origin":115082,"position":5},"title":"Henderson Land cuts rents by up to 60 per cent as Hong Kong issues SOS to support businesses, protect jobs","date":"February 13, 2020","format":false,"excerpt":"\r Henderson Land Development, run by Hong Kong\u2019s richest tycoon, is reducing rents for its tenants by as much as 60 per cent, joining its peers easing the strain on local businesses hit by the coronavirus outbreak.The developer, which owns retail space in more than 20 shopping malls across the\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\/115082"}],"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=115082"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/115082\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=115082"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=115082"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=115082"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}