{"id":117276,"date":"2020-06-23T03:49:19","date_gmt":"2020-06-22T20:49:19","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/stride-property-groups-net-profit-drops-67-per-cent\/"},"modified":"2020-06-23T06:04:43","modified_gmt":"2020-06-22T23:04:43","slug":"stride-property-groups-net-profit-drops-67-per-cent","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/stride-property-groups-net-profit-drops-67-per-cent\/","title":{"rendered":"Stride Property Group&#039;s net profit drops 67 per cent"},"content":{"rendered":"<p>&#013;<br \/>\nValuation declines from Covid-19 pushed Stride Property Group&#8217;s net profit after tax down 67 per cent from last year&#8217;s $76.2 million to $25.3m yet net rental income rose $1.8m.The business with properties valued at $996.1m has just&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : nzherald.co.nz\/Property&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.nzherald.co.nz\/property\/news\/article.cfm?c_id=8&amp;objectid=12342069&amp;ref=rss\" target=\"_blank\">Stride Property Group&#8217;s net profit drops 67 per cent<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Valuation declines from Covid-19 pushed Stride Property Group&#8217;s net profit after tax down 67 per&#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-117276","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-uvy","jetpack-related-posts":[{"id":72611,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/stride-property-group-posts-44-per-cent-profit-gain\/","url_meta":{"origin":117276,"position":0},"title":"Stride Property group posts 44 per cent profit gain","date":"November 23, 2017","format":false,"excerpt":"\r Stride Property Group, which spun out its retail portfolio into a separately listed vehicle last year, posted a 44 per cent gain in first-half profit as growth in management fees and lower costs made up for a decline in rental income.Net...\r \r Source : nzherald.co.nz\/Property\r Read more...Stride Property group\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":126847,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/stride-property-group-full-year-result-down-14-8pc-after-higher-tax-bill-costs\/","url_meta":{"origin":117276,"position":1},"title":"Stride Property Group full-year result down 14.8pc after higher tax bill, costs","date":"May 27, 2022","format":false,"excerpt":"\r Stride Property Group's rental income rose but so too did its expenses which pushed annual profit down 14.8 per cent.Net profit after tax from the diversified landlord fell from last year's $131.9m to $112.3m in the year to March...\r \r Source : nzherald.co.nz\/Property\r Read more...Stride Property Group full-year result\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121637,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/skycity-entertainment-group-annual-profit-drops-33-as-covid-closures-take-toll\/","url_meta":{"origin":117276,"position":2},"title":"SkyCity Entertainment Group annual profit drops 33% as Covid closures take toll","date":"August 25, 2021","format":false,"excerpt":"\r SkyCity Entertainment Group's bottom-line profit fell 33 per cent after lockdowns closed properties in New Zealand and Australia and due one-off boosts in the previous year which had pushed up the numbers.The Australasian entertainment,...\r \r Source : nzherald.co.nz\/Property\r Read more...SkyCity Entertainment Group annual profit drops 33% as Covid closures\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":14826,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mall-owner-stride-earnings-up-16pc-on-expanded-portfolio\/","url_meta":{"origin":117276,"position":3},"title":"Mall owner Stride earnings up 16pc on expanded portfolio","date":"May 30, 2016","format":false,"excerpt":"\r Stride Property said full-year earnings rose 16 per cent as an expanding portfolio boosted rental income, and announced plans to spin out its real estate investment management business as a standalone entity. Distributable profit,...\r \r Source : nzherald.co.nz\/Property\r Read more...Mall owner Stride earnings up 16pc on expanded portfolio","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":95721,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/swire-pacific-first-half-profit-dives-67-per-cent-hurt-by-cathay-pacific-and-marine-services-losses\/","url_meta":{"origin":117276,"position":4},"title":"Swire Pacific first-half profit dives 67 per cent, hurt by Cathay Pacific and marine services losses","date":"August 9, 2018","format":false,"excerpt":"\r Swire Pacific, one of Asia\u2019s largest conglomerates, saw underlying profit plunged 67 per cent in the first half as gains in investment property sales failed to offset losses from Cathay Pacific Airways and its marine services business. Excluding revaluation gains on investment properties, the underlying profit was HK$1.27 billion\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119902,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrandes-property-service-unit-pays-us233-million-to-buy-a-rival-to-meet-target-of-increasing-2020-profit-by-50-per-cent\/","url_meta":{"origin":117276,"position":5},"title":"Evergrande\u2019s property service unit pays US$233 million to buy a rival to meet target of increasing 2020 profit by 50 per cent","date":"January 30, 2021","format":false,"excerpt":"\r China Evergrande Group\u2019s property services unit bought a rival firm for 1.5 billion yuan (US$233 million) to help meet its ambitions of increasing profit by 50 per cent this year and becoming the country\u2019s largest property manager.Evergrande Property Services Group agreed to buy Ningbo Yatai Hotel Property Services, adding\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\/117276"}],"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=117276"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/117276\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=117276"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=117276"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=117276"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}